It could, in theory, cover all of its spending from ... by the previous government that the total amount of money owed must have fallen as a proportion of the UK economy in five years' time.

Think tank explains by how much the UK economy could be impacted by Trump tariffs - Niesr said it was projecting the UK ...

The UK has met this target consistently, and has spent 2.3% of GDP on defence for each of the last three years. In April 2024, the then-Conservative government committed to spending 2.5% of GDP on ...

The UK economy may have shrunk in the fourth quarter, putting Britain back on the brink of recession and piling more pressure ...

THE UK economy grew just 0.1% ... it's a sign of a healthy and prosperous economy. This is because it usually means people are spending more, the Government gets more tax and workers get better ...

The Labour government is preparing to install a retired general to head the UK’s armed forces ... to raising military spending to 2.5 percent of GDP from its current 2.3 percent.

Niesr said it was projecting the UK economy would grow by 1.5 this year, lifting its previous forecast of 1.2.