UK Finance Minister Mulls Freezing Defense Spending at 2% GDP Until 2027, Reports Say

UK Finance Minister Mulls Freezing Defense Spending at 2% GDP Until 2027, Reports Say

MOSCOW (Sputnik) – UK Chancellor of the Exchequer Jeremy Hunt is considering the possibility of freezing defense spending for the next five years to fill an estimated 40-billion-pound ($45 billion) gap in the public finances, The Times newspaper reported on Saturday.

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