Highlights

  • UK PM's military announcement
  • Vow to hike funding by £5 billion
  • 'Increase from 2% to 2.5% of GDP'

Latest news

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

OnePlus marks 12 years in India with a new six-star lineup for the 15R reveal

OnePlus marks 12 years in India with a new six-star lineup for the 15R reveal

India not neutral, it is on side of peace: PM Modi to Putin on Ukraine conflict

India not neutral, it is on side of peace: PM Modi to Putin on Ukraine conflict

Rory McIlroy Survives Cut at Dramatic Australian Open

Rory McIlroy Survives Cut at Dramatic Australian Open

Final Season of 'Four More Shots Please!' Premieres Dec 19 on Prime Video

Final Season of 'Four More Shots Please!' Premieres Dec 19 on Prime Video

Tribeny Rai's 'Shape of Momo': Celebrating Northeast Women

Tribeny Rai's 'Shape of Momo': Celebrating Northeast Women

UK PM Rishi Sunak's £5 billion promise to military amid Russia, China threats

The PM said that UK would increase its military spending from 2% to 2.5% of the GDP "in the longer term".

UK PM Rishi Sunak's £5 billion promise to military amid Russia, China threats

United Kingdom Prime Minister Rishi Sunak on 13 March 2023 vowed to increase military funding by £5 billion, or $6 billion, over the next 2 years. Sunak cited Russia's invasion of Ukraine, and the "epoch-defining challenge" posed by China.

The PM said that UK would increase its military spending from 2% to 2.5% of the GDP "in the longer term". Military chiefs want it to rise to 3% of GDP.

The extra money will be used, in part, to replenish Britain's ammunition stocks, depleted from supplying Ukraine in its defense against Russia. Some will also go towards a U.K.-U.S.-Australia deal to build nuclear-powered submarines.

Concern about Beijing's activities has sparked a government-wide catch-up campaign on China, including Mandarin-language training for British officials and a push to secure new sources of critical minerals that are essential to technology.

The review doesn't brand China itself a threat to the U.K., and Sunak has stressed the need for economic ties with China, to the annoyance of more hawkish members of the governing Conservative Party.

(With agency inputs)

Also Watch: Joe Biden, Rishi Sunak, Albanese to meet in San Diego; announcement of Australia submarine deal likely

ADVERTISEMENT

Up Next

UK PM Rishi Sunak's £5 billion promise to military amid Russia, China threats

UK PM Rishi Sunak's £5 billion promise to military amid Russia, China threats

India abstains from UNGA resolution demanding return of Ukrainian children from Russia

India abstains from UNGA resolution demanding return of Ukrainian children from Russia

India rushes Bailey bridge, water units to Sri Lanka; shares digital disaster-response toolkit

India rushes Bailey bridge, water units to Sri Lanka; shares digital disaster-response toolkit

Trump admin orders H-1B, H-4 visa applicants to make social media profiles public

Trump admin orders H-1B, H-4 visa applicants to make social media profiles public

Trump says Putin wants to end war, US to hold new talks with Ukraine

Trump says Putin wants to end war, US to hold new talks with Ukraine

Doctor who sold ketamine to 'Friends' star Matthew Perry gets 2.5 years in prison

Doctor who sold ketamine to 'Friends' star Matthew Perry gets 2.5 years in prison

ADVERTISEMENT

editorji-whatsApp

More videos

Pakistan to hold PIA bidding on December 23 under IMF bailout conditions

Pakistan to hold PIA bidding on December 23 under IMF bailout conditions

Deadly floods in Indonesia, Sri Lanka, Thailand, Malaysia kill more than 1,400 people

Deadly floods in Indonesia, Sri Lanka, Thailand, Malaysia kill more than 1,400 people

Trump administration halts immigration applications for migrants from 19 travel-ban nations

Trump administration halts immigration applications for migrants from 19 travel-ban nations

US, Russia find 'no compromise' on key territory issue after Ukraine talks

US, Russia find 'no compromise' on key territory issue after Ukraine talks

Trump deserves credit for 'very dangerous' peace deals like India-Pakistan: US Secretary of State Rubio

Trump deserves credit for 'very dangerous' peace deals like India-Pakistan: US Secretary of State Rubio

India sends mobile field hospital, over 70 medical personnel to cyclone-hit Sri Lanka

India sends mobile field hospital, over 70 medical personnel to cyclone-hit Sri Lanka

Malaysia says search for long-missing flight MH370 to resume

Malaysia says search for long-missing flight MH370 to resume

Imran Khan alleges 'threat to life' in Adiala Jail, claims death‑row‑like conditions

Imran Khan alleges 'threat to life' in Adiala Jail, claims death‑row‑like conditions

Trump repeats claim of ending India, Pak conflict, says should win Nobel Prize

Trump repeats claim of ending India, Pak conflict, says should win Nobel Prize

'We value our ties with India': Russia ratifies RELOS pact ahead of Putin’s New Delhi visit

'We value our ties with India': Russia ratifies RELOS pact ahead of Putin’s New Delhi visit

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.