Two UK ministers, Anne-Marie Trevelyan and Tom Tugendhat, have publicly called for an increase in defence spending to at least 2.5% of GDP, advocating for the UK government to expedite its efforts in enhancing military investment. This appeal follows a Commons report that criticised the Ministry of Defence (MoD) for its lack of a credible plan to fund its targeted military capabilities. Chancellor Jeremy Hunt has committed to raising defence spending to 2.5% of GDP, though specifics regarding this pledge remain undeveloped. The push for higher investment responds to the challenging international landscape, notably concerning military advancements from China and Russia.

The urgency for increased defence funding has been accentuated by a recent Public Accounts Committee report revealing a £16.9 billion shortfall in the MoD’s equipment plans. This deficit could potentially lead to a £69 billion gap in the ten-year acquisition programme. The Committee pinpointed substantial weaknesses in supply chains, recruitment, and in managing key projects, encouraging a radical overhaul in defence financial management.

Labour’s Shadow Defence Secretary, John Healey, has critiqued the government’s handling of the defence budget, labelling it as mismanaged. Labour plans to undertake a security and strategy review aimed at reforming procurement practices, including the establishment of a Military Strategic Headquarters and a National Armaments Director to oversee procurement and equipment.

In light of concerns raised by senior MPs regarding a potential £29 billion funding shortfall for the UK’s armed forces, Treasury minister Gareth Davies defended the government’s record, ensuring the public that the defence sector remains secure under their management. Despite exceeding NATO’s target for defence spending, the MoD faces growing scrutiny over the affordability and prioritisation of its military capabilities, amidst recruitment challenges, crew shortages, and delays in defence projects. The situation underscores the government’s pressing challenge to address budgetary gaps and ensure the UK maintains effective and sustainable defence capabilities.