T
he primary justification for the government’s decision on Thursday to greatly increase the UK’s defence budget over the next four years is military power.
“The international situation is more perilous and more intensely competitive than at any time since the Cold War and Britain must be true to our history and stand alongside our allies,” said Boris Johnson.
Yet there was also an economic justification. The prime minister said the additional spending would help “level up our country” and “pioneer new technology”.