UK Treasury has no plan for 3.5% NATO defense spending commitment
The UK Treasury has yet to analyze how to meet its 3.5% GDP defense spending commitment to NATO, Chief Secretary Lucy Rigby stated on Wednesday. This responsibility will fall to the next prime minister, with an estimated £30-40 billion increase required to achieve the target by 2035. Rigby highlighted the need for public consent for potential tax increases.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 08 Jul 2026, 15:30 UTC · Updated 08 Jul 2026, 15:40 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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