What is NATO's new 5% defence spending pledge?
The new 5% spending goal is the kind of level of defence spending invested by NATO allies during the Cold War.
Tuesday 24 June 2025 13:57, UK
The UK and its NATO allies have agreed to increase spending on defence and related areas to 5% of GDP by 2035. The target will be formally rubber stamped when the heads of state and government meet in The Hague on Tuesday and Wednesday.