British defence spending will reach 2.5% of GDP by 2027, Prime Minister Keir Starmer said on Tuesday, setting out the country's biggest sustained increase in its defence budget since the end of the Cold War.

Defence spending will increase to 2.5% of GDP by 2027 while the foreign aid budget will be cut, Sir Keir Starmer has announced ahead of a meeting with Donald Trump.

Britain will aim to spend 3% of its GDP on defence in the next parliament, due to begin in 2029, and will help to fund that increased spending by cutting its aid budget, Prime Minister Keir Starmer said on Tuesday.

UK Prime Minister Keir Starmer is delivering a statement on defence and security, days before travelling to Washington DC to meet Donald Trump - watch live at the top of the page.