Spring budget 2024

Last updated 12 Apr 24 @ 15:02 |
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Elaine Whyte examines the UK security implications of the recent Spring Budget

The geopolitical environment created a challenging backdrop for the Spring Budget, as the UK’s role in promoting peace and security around the world, most pressingly in Ukraine, competed with fiscal challenges. The Government is holding the Defence budget at 2 percent of GDP until economic conditions allow an increase, potentially to 2.5 percent. However, the current geopolitical challenges and competing priorities are a strategy quagmire for defence leaders, who are expected to deliver a world-class and broad fighting . . .

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