UK brings forward defense spending target, pledging billions to Ukraine
- Britain's Chancellor of the Exchequer John Healey holds the red Budget box outside 11 Downing Street ahead of the announcement of the Autumn Budget in the House of Commons in London, United Kingdom on October 28, 2026.
- Wiktor Szymanowicz | Future Publishing | Getty ImagesThe U.
- has set out a target date for defense spending to rise to 3% of GDP, as the finance minister announced billions in aid for Ukraine in a "clear message to Moscow".
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- Britain's Chancellor of the Exchequer John Healey holds the red Budget box outside 11 Downing Street ahead of the announcement of the Autumn Budget in the House of Commons in London, United Kingdom on October 28, 2026.
- Wiktor Szymanowicz | Future Publishing | Getty ImagesThe U.
- has set out a target date for defense spending to rise to 3% of GDP, as the finance minister announced billions in aid for Ukraine in a "clear message to Moscow".
Sources: Cnbc