Starmer slashes aid to fund biggest increase in defence spending since Cold War

Starmer slashes aid to fund biggest increase in defence spending since Cold War
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Starmer slashes aid to fund biggest increase in defence spending since Cold War
Author: David Hughes
Published: Feb, 25 2025 12:58

Summary at a Glance

Sir Keir Starmer slashed the aid budget to fund a dramatic increase in defence spending in response to “tyrant” Vladimir Putin and uncertainty over US President Donald Trump’s commitment to European security.

That will mean spending £13.4 billion more every year from 2027, something which Sir Keir acknowledged required “extremely difficult and painful choices”.

The Prime Minister said spending on defence would rise from its current 2.3% share of the economy to 2.5% in 2027.

He said he wanted that figure to reach 3% of gross domestic product during the next parliament.

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