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PM to announce increase in defence spending to 2.5% of GDP by 2030 Deborah Haynes, security and defence editor The UK will increase defence spending to 2.5% of national income by 2030, the prime minister is will to announce, in a hardening of military policy at a time of growing threats. The rise is less ambitious than some insiders say is needed, but it will mean tens of billions of additional pounds for the armed forces over the next six years. Rishi Sunak had previously said any extra investment would only happen when economic conditions allow. That caveat is set...