Sir Keir Starmer is set to commit to spending five per cent of British GDP on defence by 2035, but there is currently no plan to fund it. Labour's pledge aligns with Nato’s new spending targets, but comes at a slower pace than key allies,

United Kingdom plans a big boost in security spending. Prime Minister Keir Starmer announced the goal. UK will spend 5% of its GDP on defense by 2035. This is in response to global security issues. The aim is to meet NATO's new spending target.

Menzies Research Centre's Freya Leach discusses UK Prime Minister Keir Starmer's pledge to increase defence spending to 5 per cent of GDP by 2035.