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UK Military Expects Healey to Spend 3% of GDP on Defense By 2030
Source: Bloomberg
Fiscal Policy & BudgetGeopolitics & WarRegulation & Legislation
UK defense officials reiterated they still expect John Healey to commit to spending 3% of domestic output on defense by 2030, despite accusations the chancellor is backsliding on the target. The update suggests policy credibility risk around the 3% path rather than an immediate change in the goal.
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