Britain will boost defence spending by billions of pounds but still cut thousands of troops from the Army, Boris Johnson said today.
Speaking at the NATO Summit in Madrid, the Prime Minister said the UK would lift cash for the armed forces from 2% of GDP to 2.5% by the end of the decade.
Based on current figures, the pledge would amount to an extra £55.1bn by 2030, it is understood. But he did not spell out fully how.
