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Event Brief

Healey shelves his 3% GDP defence spending target

Chancellor Healey will shelve his own defence spending target of 3% of GDP by 2030. The move follows his resignation as defence secretary in June, which he said was due to inadequate ambition for military spending in Sir Keir Starmer’s government.
WHO: Chancellor Healey
WHAT: Healey shelves his own defence spending target of 3% of GDP by 2030.
WHEN: Reported Aug 28, 2026 at 2:54 AM ET
WHERE: United Kingdom
WHY: Healey resigned as defence secretary in June over what he saw as inadequate ambition for military spending by Sir Keir Starmer’s government.

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