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UK Chancellor Healey reportedly will shelve defence spending target when presenting October budget, FT reports
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UK Chancellor Healey reportedly plans to shelve defence spending targets in the October budget, focusing first on funding the DIP while laying out a 2035 NATO 3.5% target.
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A government figure said The immediate priority is to fund the DIP that was published under Starmer; Chancellor will set out more details at the budget. Beyond the budget, will set out a clear path to meet the 3.5% NATO target in 2035.
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