John Healey insists he is '100 percent' committed to defence after shelving his own target

Chancellor John Healey has stated he is “100 per cent” committed to defence, even after delaying his own target of spending 3 per cent of GDP on defence. He aims to set a clear path to meet NATO’s 3.5 per cent of GDP commitment by 2035 during the next spending review. Healey acknowledges global threats are increasing and that difficult decisions will be necessary in the upcoming budget to fill a £5 billion funding hole.

• Chancellor John Healey reaffirms his commitment to defence spending.
• He has delayed his personal target of 3 per cent of GDP for defence spending.
• A new target of 3.5 per cent of GDP will be set for 2035.
• The government faces a £5 billion funding hole that will require ‘difficult decisions’ in the next budget.
• Global threats, including cyberattacks and invasion, are increasing.
• Britain faces pressure from the US to increase defence spending.
• Healey’s previous stance on the 3 per cent target has drawn criticism.
• The current spending plans only reach 2.7 per cent by 2030.
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