UK’s Reeves pledges more cash for defence spending


British finance minister Rachel Reeves said on Wednesday she would provide the defence ministry with an additional 2.9 billion pounds next year and promised an annual 3 billion-pound support for Ukraine would continue for “as long as it takes”.

In her first budget speech, Reeves said the extra spending would take Britain towards its goal of allocating 2.5% of GDP towards defence, and ensure the country exceeded the NATO commitment of spending 2%.

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Source: Reuters News


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