UK sets defense spending timeline

Finance minister John Healey announced on Wednesday that the UK will reach three percent of GDP in defense spending by twenty thirty, while reaffirming its NATO commitment to reach three point five percent by twenty…

Ten billion pounds for Ukraine

Healey announced an additional ten billion pounds, which is thirteen point three billion dollars, in economic and military support for Ukraine, including five hundred million pounds in urgent military funding for this winter.

Message to Moscow

Healey said Britain will stand with Ukraine for as long as it takes, sending what he called a clear message to Moscow about the country's commitment to supporting Ukraine.

“Today we send a clear message to Moscow: Britain will stand with Ukraine for as long as it takes.”

Defense industrial base investment

The National Wealth Fund and British Business Bank will deploy up to five billion pounds over the next four years into defence, dual-use technologies and sectors supporting national security to strengthen the UK defense industrial…

Rolls-Royce turbine partnership

Rolls-Royce will develop its next-generation turbine engine technology in partnership with the UK government in an investment worth two point five billion pounds.

Details to come next year

Healey told lawmakers the government will set out details of how it will meet its defense spending targets at the spending review next year, starting from a position of higher base spending.