UK to spend 2.7% of GDP on defence by 2027/28, surpassing NATO's old standard

Prime Minister Keir Starmer published the Defence Investment Plan on 30 June, committing to defence spending of 2.7% of GDP by 2027/28. This exceeds NATO's longstanding 2% benchmark, though falls short of the alliance's evolving 3.5% target. A £15 billion funding boost underpins the commitment, with projections of nearly 60,000 jobs across UK defence industry.