Money
The defence budget
in The challenge of defending Britain
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Britain is still one of the significant defence spenders in the world, even though it spends considerably less in relative terms than in the past. Defence spending is only one part of what Britain spends on its security more generally, which in 2017 was around £45 billion per annum. Nevertheless, there have been persistent ‘black holes’ in the defence budget and the question arises as to whether defence is a different type of expenditure compared to expenditure in other areas of government and whether the British government has really spent 2% of GDP on defence as it is obligated through NATO to do.

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