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Evening Standard

Politics

Nicholas Cecil

'Chunky tax rises' needed to pay for defence plan to make UK 'war ready' in face of Putin threat, warns IFS

Sir Keir Starmer United Kingdom Andy Buchanan BAE Systems NATO AUKUS PA Graphics

Leading economists warned on Monday that “chunky tax rises” would be needed to move the UK to “war-fighting readiness” as unveiled in the Government’s Strategic Defence Review.

Sir Keir Starmer announced details of the dramatic shift in Britain’s defence posture but questions remained about how the billions of extra spending would be funded.

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