British PM pledges to raise UK defence spending to 2.5% of GDP by 2027

The UK prime minister committed to a bump in the country's budget for defence ahead of his meeting with US President Donald Trump at the White House.

Warning of a "new era of insecurity" for Europe, British Prime Minister Keir Starmer committed to raising UK defence spending to 2.5% of gross domestic product (GDP) by 2027 on Tuesday, Euronews reported.

Starmer said his announcement amounted to the “biggest sustained increase in defence spending since the end of the Cold War.''

The UK currently spends 2.3% of its GDP on defence. While the government has made previous announcements regarding the 2.5% spending target, it has not issued a date.