UK to increase defense spending by more than 58 billion euros by 2030

UK Defense Secretary Ben Wallace said in an interview to the British newspaper The Telegraph on Saturday that Prime Minister Liz Truss will increase defense spending by at least 52 billion pounds sterling (58 billion euros).

Wallace has indicated that the UK will increase the size of its Army for the first time since the Cold War, on Truss’s orders in response to Russian aggression.

In this regard, he has revealed that the prime minister has made it clear that the government’s priority is to carry out the campaign promise to increase Defense spending to 3 percent of GDP.

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“One of her clear priorities as prime minister is that we are going to invest and spend the money,” she has announced, before explaining that this budget equated to £100 billion by 2030, an increase of £52 billion on the current sum.

The increase in spending on the Armed Forces to 3 percent by the end of the decade represents a “huge” increase and contrasts with the trend since the 1990s, he explained.

“We’re very likely to grow the Army, but they may not be the places your armchair generals want them to go, because what we desperately need is, for example, to invest in our Intelligence, surveillance and reconnaissance capabilities,” he has qualified.

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For this reason, Wallace has assured that it is necessary to learn from the “lessons” of the war in Ukraine. In this sense, he asserted that the important thing is to be able to shoot down drones, because if not, “we will be vulnerable”.

“The reality is that we will work with the Treasury to ensure that we have a budget that grows to meet the threat and our ambitions,” he has indicated.

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