Chancellor Healey to defer 3% defence spending target to next year's review
Chancellor John Healey will not set a definitive date for reaching 3% of GDP on defence in his first Budget on October 28, according to reports. Instead, he will prioritise funding a £5 billion gap in the existing Defence Investment Plan inherited from Sir Keir Starmer's government. A decision on the 3% timetable will be pushed to a Treasury spending review in 2027. Healey had resigned as Defence Secretary in June, citing the previous government's failure to commit to 3% by 2030. Government sources say they will still 'set out a clear path' to the 3.5% NATO target by 2035 and set a date for 3% on that path. The delay drew criticism from both peace campaigners and defence hawks, with reactions split on whether it reflects fiscal realism or a broken promise.
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