Defence spending won’t reach 2.5% until after the election, ministers admit

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Chancellor says European countries, including the UK, 'have to be prepared to spend more on defence' - despite refusing to increase funds in recent Budget

Chancellor says European countries, including the UK, 'have to be prepared to spend more on defence' - despite refusing to increase funds in recent Budget

But Chief Secretary to the Treasury, Laura Trott, has revealed that “the path towards 2.5 per cent” will be set out at the government’s next spending review, which is not expected until after the election.the revelation contradicted comments by Mr Hunt on Wednesday that European countries, including the UK, “have to be prepared to spend more on defence”.

In his Budget in March, the Chancellor refused to set aside any extra funds for defence, and the Treasury’s own Red Book revealed that funds would be cut in real terms in 2024-25.on Wednesday: “It’s very important that European countries recognise that when it comes to America’s role in the world, we are actors, not observers.

“This can’t wait until after the general election. Making the commitment now would be a huge statement to all Nato allies and our adversaries ahead of the Washington Summit this summer.”

 

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