Defence in a post-Covid world

As featured in Investor's Chronicle

UK Defence Spending


The Conservative party pledged in its manifesto that it would increase the UK’s defence budget by at least 0.5 per cent above inflation each year. Despite the Covid-19 turmoil, Professor Malcom Chalmers, deputy director general of the Royal United Services Institute (RUSI), expects this promise will be honoured: “There’s no indication so far that they’re about to renege on that commitment. I think the most likely scenario is that the defence budget will get a small real terms increase.”