Britain's slide in Nato's rankings will put more pressure on Keir Starmer
Spending on the military by Britain as a proportion of GDP is expected to rise from its current level of 2.3 per cent to 2.4 per cent this coming year Spending on the military by Britain as a proportion of GDP is expected to rise from its current level of 2.3 per cent to 2.4 per cent this coming year, although this is still short of Sir Keir Starmer’s target of 2.5 per cent.
In 2023, as the war in Ukraine continued to rage, Estonia, Latvia and Poland all increased funding on their armed forces and the UK fell to 7th in the rankings. In 2000 16 per cent of the population were aged over 65, but by next year that will have risen to 20 per cent, or 14m people. Service exports are expected to break through the half a trillion pounds mark in 2025, equivalent to 20 per cent of GDP, the report also predicts.
“Meanwhile, our population is getting greyer and will require more propping up by the public purse, which will place even more pressure on already constrained public finances.” Former defence minister Tobias Ellwood said: “Whilst Britain continues to meet its Nato commitments our slide down the rankings reflects the growing threat from Russia which Eastern European states are now responding to.
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