What is the UK's target for defence spending?

Britain will aim to spend 3% of its GDP on defence in the next parliament, which is set to begin in 2029.

How will the UK fund the increased defence spending?

The increased defence spending will be funded by cutting the aid budget.

What will the aid budget be reduced to?

The aid budget will be reduced from 0.5% of GDP to 0.3% in 2027.

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Home > Headlines > UK to target 3% of GDP for defence spending, to cut aid budget

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UK to target 3% of GDP for defence spending, to cut aid budget

Published by Global Banking & Finance Review®

Posted on February 25, 2025

1 min read

Last updated: January 25, 2026

UK to target 3% of GDP for defence spending, to cut aid budget - Headlines news and analysis from Global Banking & Finance Review

UK to target 3% of GDP for defence spending, to cut aid budget

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UK to target 3% of GDP for defence spending, to cut aid budget

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