The UK can cut taxes AND increase defence spending, Rishi Sunak says as he insists the economy is strong enough

dailym.ai— The Prime Minister dismissed claims from Labour that his dramatic pledge to spend an extra £75 billion on defence by the end of the decade was not fully funded.

The Guardian—UK to boost defence spending to 2.5% of GDP, Sunak says. PM pledges to put arms industry on ‘war footing’ with plan to raise defence budget to £87bn a year by 2030Britain will boost its defence spending to 2.5% of national output by the end of the decade as Rishi Sunak pledged to put the UK’s arms industry on a “war footing” in response to global threats.The prime minister’s plan, which he said would help the UK deal with an “increasingly dangerous” world, would steadily increase defence spending to £87bn a year by 2030. Continue reading

BBC News—Rishi Sunak vows to boost UK defence spending to 2.5% of GDP by 2030. The PM says billions of extra spending will put the UK's defence industry on a "war footing".

International Business Times UK—Should I Invest in Defence Stocks? UK Gov Say They Align With ESG After Rishi Steps up Military Spending. On April 23, UK Prime Minister Rishi Sunak announced a significant hike in government spending on the country's defences to overcome emerging threats from Russia and the Middle East. This move will increase defence spending to 2.5% of the UK's GDP by 2030."It is a generational investment in British security and prosperity, which makes us safer at home and stronger abroad," the PM said during his visit to the Polish Capital, Warsaw. He believed his actions were necessary amid threats of war in...