UK announces defence budget increase

06 September 2019

UK Chancellor of the Exchequer [finance secretary] Sajid Javid announced a defence budget increase of GBP2.2 billion (USD2.7 billion) in his government-wide spending review on 4 September.

Javid said this was "a real-term increase of 2.6% for budget next year" that would ensure that the UK would continue to meet the NATO 2% of gross domestic product (GDP) target for defence spending. The UK government had only committed in 2015 to increasing spending by 0.5% out to 2020.

"We know that hard power matters too," he said, adding that "Britain already spends more on our defence and national security than any other country in Europe."

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at

(129 of 446 words)