Any increases in defence spending will not take place until next year at the earliest, according to senior sources in the UK government.
Speaking after UK Chancellor of the Exchequer [finance minister] Philip Hammond's spring financial statement on 13 March, the government sources told Jane’s any increase in defence spending would only be confirmed in a cross-government comprehensive spending review that will not be completed until next year.
“In the longer term, I can confirm that, at this year’s budget [expected in November] I will set an overall path for public spending for 2020 and beyond, with a detailed spending review to take place in 2019 to allocate funding between [government ministries],” Hammond told parliament.
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