Uk Defence Budget 2024 Wiki. Chancellor rachel reeves don deliver labour first budget since 2010, after di party return to power for july general election. Defence spending to rise by £2.9bn next year;
It has become commonplace for chancellors of the exchequer, when seeking to silence claims they are not paying sufficient attention to the. In the most recently completed financial year (2023/24), the uk’s defence budget was £54.2 billion, up from £52.8 billion in 2022/23.