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UK Prime Minister Targets 3.5% Defense Spending by 2035

4/14/2026

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Story summary
  • Prime Minister Keir Starmer (British) plans to accelerate defense spending.
  • He will announce a defense investment plan by late May.
  • The plan targets raising military spending to 3.5% of gross domestic product by 2035.
  • The Treasury warns that tax increases or spending cuts will be necessary to fund the initiative.
  • Analysts cite vulnerabilities exposed during the conflict, including a drone attack on a British base in Cyprus.