Jeremy Hunt, one of the two remaining candidates in the Conservative party leadership contest, has said that he would spend an additional £15 billion on defence over the next five years. The proposed rise would mean that defence spending as a percentage of GDP would increase from 2% to 2.5%.
Hunt said in a statement:
“My plan for defence will give our brave troops the backing they need and show the world that when it comes to the new threats to Western values, Britain is back and Britain’s voice will be strong.”
Penny Mordaunt, the Secretary of State for Defence, praised the plan and said:
“The first duty of any prime minister and any government is to protect the United Kingdom and further her interests. The British public want us to have clout in the world. We must give the men and women of our armed forces what they need to do the job we ask of them.”