Published by Global Banking and Finance Review
Posted on February 25, 2025
2 min readLast updated: January 25, 2026
Published by Global Banking and Finance Review
Posted on February 25, 2025
2 min readLast updated: January 25, 2026
UK PM Keir Starmer aims to raise defence spending to 2.5% of GDP. He will discuss this with US President Trump, amid calls for Europe to boost its security.
LONDON (Reuters) - Britain's Keir Starmer will set out a timeline to increase defence spending to 2.5% of GDP, The Sun newspaper reported on Tuesday, a day before the prime minister travels to meet U.S. President Donald Trump.
Starmer is due to make a statement in parliament about defence and security at 1230 GMT on Tuesday.
Britain currently spends 2.3% of gross domestic product on defence, and Starmer has pledged to increase that to 2.5%, but has not said by when.
European leaders were stunned earlier this month when Trump's administration made clear that Europe would need to step up to provide its own security, sparking a bout of diplomatic activity.
Starmer joined other European leaders in Paris to discuss a collective response after Trump also began talks with Russia's Vladimir Putin to end Ukraine's three-year war, without Ukrainian or European leaders.
Macron met Trump in Washington on Monday and Starmer is due to meet the U.S. president on Thursday. Polish prime minister, Donald Tusk, said he expected to be in London with other European leaders to discuss next steps on Sunday.
(Reporting by Sachin Ravikumar, writing by Sarah Young; Editing by Kate Holton; editing by Michael Holden)
Starmer has pledged to increase Britain's defence spending from 2.3% to 2.5% of GDP.
Starmer is due to make a statement in parliament about defence and security at 1230 GMT on Tuesday.
European leaders were stunned when Trump's administration indicated that Europe would need to enhance its own security.
Starmer is expected to meet with U.S. President Trump on Thursday, following discussions with other European leaders.
Starmer joined other European leaders in Paris to discuss a collective response to Trump's talks with Putin regarding the Ukraine war.
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