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Can the UK Afford to Defend Itself?
Bloomberg Originalsยท2025-06-20 08:00

I can announce this government will begin the biggest sustained increase in defense spending since the end of the Cold War. Britain is back on a war footing, but apparently in threadbear shoes. The combat power that the British army can bring to bear is much, much less than it has been able to.It's now its smallest size since the polonic era, losing more people than it's recruiting. Reversing course would require a level of sustained investment that eclipses the timeline of the current prime minister's admi ...