Jeremy Hunt ‘to drop 3% defence spending pledge’ despite war in Europe

Jeremy Hunt ‘to drop 3% defence spending pledge’ despite war in Europe

The chancellor is having to make ‘eye wateringly’ difficult decisions ahead of the fiscal statement (Picture: Getty)
Jeremy Hunt may freeze defence spending over the next five years in order to fix the £40 billion hole created by Liz Truss’s mini-budget.
In an attempt to balance the books, the chancellor is considering keeping the defence budget at two per cent for the next four to five years,…

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