‘Britain could soon lose control of its defence industry’ – expert Q&A
- Written by: Keith Hartley, Emeritus Professor of Economics, University of York
Miltary spending is surging in the face of heightened geopolitical tensions. The UK plans to hike its defence spending to 2.5% of GDP by 2030, amounting to £87 billion a year. This is an increase from around 2.3% today, which Prime Minister Rishi Sunak has said is necessary in an “increasingly dangerous” world.
It comes at the...







