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The Latest Breaking News from GDP

UK Prime Minister Pledges Increased Defense Spending By 2027

UK Prime Minister announces defense spending increase to 2.5% of GDP by 2027, emphasizing support for Ukraine and NATO alliance in response to European ins...

'Populist playbook': Stephen Flynn pans Labour raid on foreign aid budget

KEIR Starmer has been accused of following the “populist playbook” by cutting foreign aid in order to increase defence spending ...

The National (Scotland) · Feb 25, 2025

Britain To Increase Defense Spending Amid US-Europe Rift

British PM Keir Starmer announces plans to increase defense spending, emphasizing strong alliances and potential growth to 3% of GDP. This move reflects a ...

Keir Starmer Unveils Record-Breaking Defence Boost in Response to Ukraine Crisis

Prime Minister Keir Starmer has announced the most significant increase in UK defence spending since the Cold War, vowing to allocate 2.6% of GDP to defence

The Fashion Central · Feb 25, 2025

PM to Drop Surprise Defence Statement Before High-Stakes Trump Talks

UK defence spending will rise to 2.5% of GDP by 2027, the prime minister has announced. Sir Keir Starmer made the announcement in an unexpected Commons

The Fashion Central · Feb 25, 2025

Starmer announces big cut to UK aid budget to boost defence spending

PM confirms rise in military spending to 2.5% of GDP by 2027 – three years earlier than planned

The Guardian - UK · Feb 25, 2025

Germany’s Merz lashes out at Trump’s US while trying to form coalition

Triumphant CDU leader hits out at Washington and calls for stronger European security amid attempts to build government.

Al Jazeera · Feb 25, 2025

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Jeremy Hunt says welfare cuts would let Starmer commit to 3% defence spend now

Mr Hunt said the UK raising defence spending to match the US relative to GDP would secure the future of Ukraine and of Nato.

Evening Standard · Feb 24, 2025

Ukraine war in numbers: Full toll of Russia’s invasion, three years on

Monday marks three years since Russia launched its full-scale invasion of Ukraine on 24 February, 2022. Alicja Hagopian and Tom Watling report on the many costs of Putin’s war

The Independent UK · Feb 23, 2025

What is Keir Starmer’s plan to increase UK defence spending and is it affordable?

John Healey dramatically quit as defence secretary earlier this month, saying he had received a financial settlement which ‘falls well short of what is required’

The Independent UK · Feb 23, 2025

Starmer backs Trump’s calls for Nato allies to boost defence spending in stirring speech ahead of US visit

Ahead of a meeting with the US president, Sir Keir Starmer said the UK and Europe ‘have to do more for our defence and security’

The Independent UK · Feb 23, 2025

Spending 2.5% of GDP on defence ‘ambitious,’ Cabinet minister says

Education Secretary Bridget Phillipson sought to manage expectations ahead of Sir Keir Starmer’s visit to the US.

Evening Standard · Feb 23, 2025

How UK and EU could find more money for defence without spooking the markets

There is political agreement that Britain and Europe need to increase military spending. But in straitened times, how can it be done?

The Guardian - UK · Feb 23, 2025

Debt brake: How this fiscal rule could shape Germany’s election

This mechanism, which has been blamed for a lack of investment, has emerged as an important election issue.

Al Jazeera · Feb 21, 2025

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The Independent UK · Feb 21, 2025

UK ‘massively vulnerable’ to threat of Russia after decades of military cuts, ex-Army chief warns

With Sir Keir Starmer under mounting pressure to boost the UK’s defence budget, General Sir Nick Carter said the UK’s ‘remarkably hollow’ Army would be unable to fend off Russia if it needed

The Independent UK · Feb 21, 2025

Pressure grows for Starmer to boost defence spending ahead of Trump showdown

PM travels to Washington next week as the only major UK party leader who has not backed calls to hike the defence budget to 2.5 per cent of Britain’s GDP by 2030

The Guardian - UK · Feb 20, 2025

Rachel Reeves should rewrite the rulebook on GDP growth

Letters: Donald Power, Dr Neil Lancastle and Andrew Risby respond to an editorial on Britain’s broken economy

Evening Standard · Feb 20, 2025

Reeves ‘absolutely committed’ to spending 2.5% of GDP on defence

Chancellor Rachel Reeves said an increase in spending in line with what Labour promised in its manifesto will be done ‘in the proper way’.

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The Guardian - UK · Feb 19, 2025

Denmark to spend billions on defence, citing fears over Russian rearmament

Mette Frederiksen says situation is ‘most dangerous’ in many years as she increases defence budget to 3% of GDP

The Independent UK · Feb 19, 2025

Denmark announces plans to bolster its defense spending and raise it above 3% of GDP

The Danish government has announced plans to bolster its military by setting up a 50 billion-kroner ($7 billion) fund that it says will raise the country’s defense spending to more than 3% of gross domestic product this year and next

MarketBeat · Feb 19, 2025

Buffett Just Dumped His S&P 500 Holdings—What It Means for You

Warren Buffett has suddenly decided to sell his S&P 500 position in recent weeks, warning investors to consider moving forward.

The Guardian - UK · Feb 19, 2025

First Thing: Trump blames Ukraine over war with Russia – ‘you never should have started it’

President ‘disappointed’ with Volodymyr Zelenskyy’s complaint about being excluded from talks. Plus, clean energy contributed 10% to China’s GDP in 2024

The Guardian - UK · Feb 19, 2025

Why is Spain’s economy booming? Thanks to migration – which proves xenophobia doesn’t pay

With Spanish GDP growth leading Europe last year, diversity is making us richer – not only financially but culturally, too, says journalist María Ramírez

Fortune · Feb 18, 2025

Europe deserves its seat at the kids' table over Ukraine, German defense boss says

European NATO members' repeated failure to hit its defense spending targets means it should have no complaints about peace talks, Rheinmetall CEO says.

The Guardian - UK · Feb 18, 2025

How Spain’s radically different approach to migration helped its economy soar

As immigration has increased, GDP has surged and unemployment has fallen to lowest level since 2008

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