
Chancellor of the Exchequer Rachel Reeves.
Credit: David Bagnall / Alamy Stock Photo
LONDON—UK defense spending is on a “clear path” to rise to 2.6% of GDP by 2027, Chancellor of the Exchequer Rachel Reeves says, but plans to reach 3% remain an ambition. Detailing the UK government’s spending plans and budget allocations for the next four years in the defense ministry’s Spending...
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