Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Monday 13 February 2023 8:07 pm  |  Updated:  Tuesday 14 February 2023 8:15 am

Sunak under pressure to increase defence spending amid NATO warnings

By: Jessica Frank-Keyes

Political Reporter

Add as a preferred source on Google
Ukrainian President, Volodymyr Zelensky and British Prime Minister Rishi Sunak. Photo: Getty
Ukrainian President, Volodymyr Zelensky and British Prime Minister Rishi Sunak. Photo: Getty

Prime Minister Rishi Sunak is under pressure to increase the UK’s defence spending after NATO called for allies to boost ammunition production to support Ukraine.

Tory backbenchers have issued stark warnings that Britain’s armed forces are “woefully ill-prepared” for a major conflict and that low defence spending is a “false economy”.

It came as NATO chief Jens Stoltenberg highlighted the “enormous” need for ammunition as the Ukrainian army battles Putin’s Russia and called for a “ramp up” in ammunition production.

NATO Secretary General Jens Stoltenberg. Photo: NATO

Speaking ahead of an allied defence meeting, Stoltenberg said: “I expect that we will see further increases in defence spending this year – but we need to keep up the momentum.”

South Dorset MP Richard Drax, a former Coldstream Guardsman, told City PM: “There’s no greater priority for a government than the defence of our country. 

“I’ve been saying for years as an ex-serviceman that defence spending was far too low… the target of 2 per cent [of GDP] runs out in 2024. It’s now time to up it.” 

Drax, whose constituency is home to Lulworth Camp, where Ukrainian president Volodymr Zelensky visited troops being trained to drive British Challenger 2 tanks, called for defence spending to increase to at least 3 per cent, and said “many” Tory MPs felt the same way.

“It was 5pc in my day and now it’s 2pc,” he said.

Ukrainian President, Volodymyr Zelensky and British Prime Minister Rishi Sunak. Photo: Getty

“We are woefully ill prepared for a major conflict which, of course, we hope doesn’t happen. But look at what’s going on in Europe. We have to be prepared. 

“Defence is always the one which is dropped for other priorities. Like insurance, when you need it, you regret not paying the premiums.”

Gravesham MP Adam Holloway said: “Not spending on defence is a false economy. If Ukraine fails to hold back Russia the whole thing is going to get a lot more expensive. 

Read more

Defence spending plan delay undermines UK credibility, MPs say

UK defence strategy meeting, officials discussing military advancements and security measures in a conference room setting

“We need to be spending more on defence in the first place and urgently increasing the already commendable amount the British taxpayer has given to Ukraine – but that means we have to spend more money to replace our own stocks as well.”

Defence secretary Ben Wallace has admitted the British military had been “hollowed out and underfunded”.

Writing in the i newspaper on February 13, defence select committee chairman Tobias Ellwood warned: “It’s time to rekindle our statecraft skills and increase our defence spending to 3 per cent. Or, like in the 1930s, we may just regret it.”

Evie Aspinall, senior researcher at said: “The invasion of Ukraine has made strikingly evident the importance of maintaining strong defensive capabilities, while at the same time severely depleting the UK’s defence resources. 

“While Ukraine must stay front and centre, the UK cannot afford to ignore other threats to the security of the UK and its allies, not least in the Indo-Pacific.” 

She added: “Investment is clearly needed to meet these challenges but with significant domestic pressure on the Treasury, it is questionable whether the ministry of defence (MoD) will receive the scale of support it or Stoltenberg seek.”

The Defence Secretary has said that the Conservatives have "hollowed out and underfunded" our Armed Forces after 13 years of failure.

During my speech to @RUSI_org last week, I made clear that further cuts to the British Army must be halted in the Integrated Review update. pic.twitter.com/bMe6JoA4bj

— John Healey MP (@JohnHealey_MP) February 13, 2023

Hunt’s upcoming budget will land amid debate within the party over the government’s growth plan, after Liz Truss’ disastrous mini-budget and Sunak and Hunt’s more managerial style.

A Labour source indicated the party intends to undertake a defence and security review within their first year in government to ensure the UK’s capabilities match threats posed on the global stage.

A government spokesperson said: “The prime minister is clear that we have to do everything necessary to protect our people, which is why we are ensuring our armed forces have the equipment and capability they need.

“The 2020 spending review provided the MoD with an uplift of £24bn over four years – the largest increase in defence investment since the Cold War.

“This settlement continues to meet our commitment to exceed 2% of GDP on defence spending, and the UK remains NATO’s leading ally in Europe.”

Read more

Healey condemns Reeves: ‘Our adversaries do not follow timetables set by the Treasury’

Massachusetts Governor Maura Healey speaking at a press conference, addressing state initiatives and policy updates

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Politics

Related Topics

  • Defence
  • Jeremy Hunt
  • Rishi Sunak
  • UK Government
  • Ukraine

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • Clarkson’s Farm and why businesses must stop blaming the weather

  • Two solicitors linked to Post Office scandal charged with misconduct

  • Lloyd’s deputy chair: The City is a club in the best sense

  • Revealed: Secret Treasury plan to tax State Pension before it is paid out

More from City PM

  • Defence spending plan delay undermines UK credibility, MPs say

    Politics
    UK defence strategy meeting, officials discussing military advancements and security measures in a conference room setting
  • Healey condemns Reeves: ‘Our adversaries do not follow timetables set by the Treasury’

    Politics
    Massachusetts Governor Maura Healey speaking at a press conference, addressing state initiatives and policy updates
  • Starmer dodges questions on funding for defence spending

    Politics
    Keir Starmer
  • Truth bomb: Defence secretary John Healey resigns over funding battles

    Politics
    Defence secretary John Healey is leading calls for further investment in the sector.
  • War bonds to lift defence spending ruled out

    Politics
    Rachel Reeves will look to offer entrepreneurs tax breaks in her battle to keep her headroom intact.
  • Government departments will look at cutting budgets to fund defence, minister says

    Politics
    Getty Images collection showcasing diverse business professionals in a collaborative office environment, emphasizing teamw...
  • UK government borrowing overshoots expectations on day Burnham elected

    Economics
    Westminster Houses of Parliament under clear sky, iconic London landmark representing UK government and politics
  • Starmer clings on as defence spending plan in disarray after resignations

    Politics
    Breaking news concept with digital world map and glowing data streams, symbolizing global communication and technology tre...

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy