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The British government on Wednesday laid out plans for higher military spending and cuts to social benefitscucapg, as it sought to keep the nation’s finances on track in what it called a “more uncertain world.”
Rachel Reeves, the chancellor of the Exchequer, said the government would spend 2.2 billion pounds ($2.8 billion) more on defense in the fiscal year that begins next month.
The bill also prohibits companies from sending notifications to people under 18 during school hours, from 8 a.m. to 3 p.m. on weekdays from September through May, and during sleep hours, between midnight and 6 a.m. The default settings can be changed with the consent of a parent or guardian.
Mr. Vance, the Republican vice-presidential nominee, is scheduled to appear in Hershey, Pa., as the special guest of the “Tucker Carlson Live” show, just weeks after Mr. Carlson, the former Fox News anchor, praised and aired the views of Darryl Cooper, who falsely claimed that the Holocaust was not an intentional act of genocide.
Last month, Prime Minister Keir Starmer said that military spending would rise to 2.5 percent of gross domestic product by 2027,66br which would be paid for by cutting overseas aid. On Wednesday, Ms. Reeves reiterated recently announced reductions to the benefits system, alongside a few other changes, that would save about £5 billion by 2030.
The changes come as President Trump’s economic policies have disrupted the global economy, putting more demands on the British government’s already stretched budget. Like many other European countries, Britain has pledged to spend more on defense to support Ukraine in its war with Russia. At the same time, the threat of a global trade war is lurking and interest rates have increased, pushing up government borrowing costs.
“Our task is to secure Britain’s future in a world that is changing before our eyes,” Ms. Reeves said in Parliament on Wednesday. “This moment demands an active government,” she later added.
But the government is facing hurdles, particularly a sluggish economy. Growth slowed in the second half of last year, and the Office for Budget Responsibility, an independent watchdog, halved its forecast for growth this year to 1 percent from 2 percent. It said a lack of economic momentum and waning confidence among businesses and households would weigh on output this year, though there would be some rebound in next years.
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