UK Prime Minister, Keir Starmer has announced a defence investment plan, under which the government is increasing defence funding “by a further £15bn, setting a new record.”
He said that the previous government spent £54bn on defence per year before his government took office, which he says is being increased to “almost £80bn” per year by 2029. Under the plan, defense spending will hit 2.7% of GDP by 2029.
Starmer said the 3% target will be reached “in the next Parliament,” a period that could extend to 2034. The UK remains committed to hitting NATO’s target of 3.5% of GDP by 2035, though it’s unclear how it will get there. The government said the new funding will boost defense spending to almost 300 billion pounds ($400 billion) over the next four years.
Big-ticket items include 5 billion pounds ($6.6 billion) for drone technology, 8 billion pounds ($10.6 billion) to build new stealth fighter jets alongside Japan and Italy, and 11 billion pounds ($14.5 billion) to increase weapons stockpiles. The U.K. will also spend 64 billion pounds ($85 billion) modernizing its nuclear weapons.
Starmer said that the plan will keep Britain safe in “a more dangerous and volatile world than at any time for decades.” “When the world is arming and aggression is rising, the best way to avoid war is to prepare for it,” he said.
Starmer disclosed that some road and energy projects would be scrapped to help pay for the military. He said that the plan will ensure “our servicemen and women have the cutting-edge capabilities they need to deter evolving threats and keep the British people safe.”
The UK military is seeking to reverse years of decline in the face of an increasingly assertive Russia, which invaded its neighbor Ukraine in 2022 and increasingly tests the defenses of European nations with overt and covert activity.
Britain plans to invest billions in drone systems across all branches of the military. Instead of a planned fleet of new destroyers, the Royal Navy will get hybrid vessels that will act as command hubs for drones.
The UK has watched how drones have transformed war in Ukraine, which uses 200,000 of them a month to defend against Russian forces. “The very nature of conflict is changing before our eyes,” Starmer said during the speech at a drone manufacturer near London. He said that, armed with cutting-edge technology, Ukrainian forces have destroyed Russia’s Black Sea fleet, “struck deep into Russian territory and stopped the advance of one of the biggest armies in the world.”
However, the blueprint does not commit to spending 3% of U.K. GDP on defense by 2030, one of the factors that spurred John Healey to resign as UK Defence Secretary on June 11. Healey accused the government of underspending on the military at a time of “rising threats,” citing a British intelligence assessment that Russia could attack a NATO member country by 2030.
Like other NATO countries, the UK is under pressure to increase defense spending to counter a more aggressive Russia and less reliable United States, but its Defense Investment Plan has been repeatedly delayed as military leaders and Treasury officials wrangled over the cost.
Starmer said that Healey’s successor, Defense Secretary Dan Jarvis, had worked to “sharpen and strengthen” the plan. Its 15 billion pounds in new spending is more than the 13.5 billion pounds ($18 billion) Healey was offered by the Treasury, but far less than the 28 billion pounds ($37 billion) that defense officials had called for. The full document is due to be published later today.
Defence Investment Plan Criticised
However, critics said the pledge of a 15 billion pound ($20 billion) boost to defense spending won’t be enough.
Opposition Conservative Party defense spokesperson James Cartlidge said the plan was “too little, too late.” Also, retired Gen. Richard Barrons, who helped lead a defense review in preparation for the investment plan, said “we have to find more money for defence sooner.” “We’re not keeping up with our allies, we’re certainly not keeping up with our enemies, and we know that the US is no longer going to come and save European security in the face of a Russian threat,” he told a news agency.
Britain and other NATO member nations have faced pressure from US President Donald Trump to increase military spending. Trump has long questioned the value of the military alliance and complained that the United States provides security to European countries that don’t pull their weight.
The resignations of Healey and junior Defense Minister Al Carns were among a series of blows that prompted Starmer to announce last week that he will resign. He is likely to attend a NATO summit in Turkey on July 7 and 8 in one of his last acts as Prime Minister.
His successor, likely the former Greater Manchester Mayor Andy Burnham, will be under pressure to stick to the commitments in the defense plan.
READ ALSO: Lower Fuel Price Floors Raise Hopes for Relief as Global Oil Market Stabilises
