Military budget continues to grow faster than peacebuilding and overseas aid spending
An extra £2.9bn for the military was announced by the Chancellor while the budget for peace building and overseas aid stalls
How does the autumn statement affect military spending?
Summary In the Chancellor’s Autumn Statement, he confirmed that there had been a major rise – of 15% – in the UK’s core military spending last financial year. However, there are signs that the government’s enthusiasm for further growth is on the wane. In more depth The Autumn Statement 2023 (AS23)[i] revealed that the UK’s core …
