Streeting has ‘total confidence’ UK will hit defense spending target
The U.K. aims to increase defense spending to 3% of GDP by 2030, but funding details remain unclear. Chancellor John Healey announced the target without specifying how it will be financed. Defense Secretary Wes Streeting expressed confidence in meeting the goal, emphasizing the need for industry cooperation. The government plans to outline its strategy next year to fulfill both the 2030 and NATO commitments by 2035.