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Image: Number 10 [CC BY-NC-ND 2.0], via Flickr
Prime minister Rishi Sunak also announces plans for Defence Innovation Agency
UK prime minister Rishi Sunak’s plans for an increased defence budget will feature a major commitment to R&D and innovation.
Sunak announced yesterday an increase to defence spending to a new baseline of 2.5 per cent of GDP by 2030, which would deliver an additional £75 billion for defence by the end of the decade, including some £3.75bn for R&D, as the government said that “at least 5 per cent of the defence budget is to be committed to R&D”.