Britain will aim to spend 3% of its GDP on defence in the next parliament, due to begin in 2029, and will help to fund that increased spending by cutting its aid budget, Prime Minister Keir Starmer said on Tuesday.

The Prime Minister of the United Kingdom, Keir Starmer, announced on Tuesday that the defence budget will increase to 2.5% of GDP by 2027. In a speech in the House of Commons, he described this as the largest continuous increase in defence spending since the end of the Cold War.