After six weeks of campaigning around the country, the General Election is behind us and we have a new government. MPs have taken their oaths and started the work of setting up their offices – so it’s a good time to reflect on what the new parliament may hold in store for those of us …
This blog is from economist Michael Burke and was first published on the CND website. Is more military spending, including nuclear spending, a good idea? And, if it is, where is the money coming from? These are quite important questions. Yet we have been through an entire general election campaign without these questions even being …
There are less than three weeks to go until the UK goes to the polls on Thursday 4 July, and this week parties have started to publish their manifestoes – setting out their vision for the next five years. Many of the commitments have been trailed well in advance of the announcements, so it is …
Campaigners from the Global Campaign on Military Spending UK (GCOMS-UK) have expressed their dismay at Prime Minister Rishi Sunak’s announcement today (Tuesday 23 April) that UK military spending would reach 2.5% of GDP by 2030. Figures released yesterday by the Stockholm International Peace Research Institute (SIPRI) showed that the UK is already the highest spending …
New data on global military spending – published today – shows that last year it grew by 6.8% above inflation to a massive $2.44 trillion – the highest level since the end of the Cold War. The UK’s percentage increase – 7.9% – was higher than some of the largest NATO states including the USA, …
This article by GCOMS-UK Steering Group member Colin Archer, was originally published on Labour Outlook. When the Chancellor Jeremy Hunt stands up in Parliament tomorrow he will deliver what could be the last set-piece financial announcement before the General Election. These events are not only great parliamentary theatre but also give a chance for politicians …
David Cullen wrote about the recent report from the National Audit Office into MoD spending plans. His blog first appeared on the Nuclear Information Service website. The Ministry of Defence’s plan for equipment acquisition over the next decade has once again been branded unaffordable, with overspending on its nuclear programme now clearly responsible for the …
The ‘refresh’ of the UK’s military strategy – published in mid-July – announced new spending of £2.5 billion, and provided more detail on earlier spending commitments. So, what has been revealed, and how does it compare with civilian public spending? The updated strategy says that the new £2.5bn will be spent on “munitions and stockpiles”, …
New data on global military spending – published today – shows that last year it grew by 3.7% above inflation to a massive $2.24 trillion. The UK’s percentage increase – 3.7% – was higher than its largest NATO allies – the USA, France, Germany, Italy, Canada, and Turkiye. The new spending data has been published …
This short briefing examines UK government spending presented by the Chancellor of the Exchequer, Jeremy Hunt, in his Spring Budget 2023 (SB-23).i Summary The detailed figures for SB-23 show that UK military spending over the period 2021-25 has been boosted by £7.1 billion when compared with budget figures announced in last autumn. This includes an …
