CAPE TOWN, South Africa (AP) — Finance ministers and central bank chiefs from the Group of 20 developed and developing ...
Foreign Secretary forced to accept decision after Prime Minister wanted to announce boost in defence spending before meeting ...
UK Chancellor of the Exchequer Rachel Reeves, in SA for the G20 finance ministers’ meeting, says the private sector will need to help fill the gap in foreign aid cuts.
Sir Keir Starmer has announced defence spending will increase to 2.5% of GDP by 2027 - faster than the government had planned. The boost will be funded by slashing the overseas aid budget.