British Prime Minister Keir Starmer has announced plans to significantly increase the UK’s defence budget ahead of a crucial meeting with U.S. President Donald Trump. The proposed increase is the biggest since the Cold War, set to fast-track a rise in defence spending to 2.5% of the country’s GDP by 2027, with a goal of 3% in 2029.
Starmer said the decision had been in the works for three years following the Ukraine conflict, and recent events had sped up his decision-making process. This move comes as transatlantic relations are at a post-Cold War low, with Trump questioning NATO’s relevance, criticising Ukraine’s leadership, and exploring European security arrangements with Russia.
As a centrist-leaned leader who assumed office in July, Starmer hopes that by increasing defence budgets, the UK can address Trump’s criticisms of NATO allies not paying their fair share. This declaration follows a visit to the White House by French President Emmanuel Macron, who also urged Washington to remain committed to European security and support a fair Ukraine peace deal.
There are growing concerns in Europe that a U.S. agreement with Russia, which leaves Ukraine vulnerable, could destabilise the continent. Since assuming office five weeks earlier, Trump had been actively seeking to fulfill his campaign promise to end the Ukraine war, reversing three years of U.S. policy.
The proposed increase in the UK’s defence budget would be financed by cutting international aid. The target of 3% by the end of the decade would necessitate more stringent fiscal decisions. Despite this, some experts argue that a spending increase to 2.5% of GDP may not be enough to satisfy Trump’s demands.
Starmer’s success in negotiations with Trump could determine the future of European security and prove if Washington can still find common ground with its traditional allies in an increasingly divided geopolitical landscape. His visit underscores the urgency of addressing security issues and the importance of maintaining strong alliances amidst geopolitical uncertainties. This narrative should resonate with individuals interested in geopolitical stability and potential investment opportunities.
