Friday, March 12, 2021

UK Militarism

 


 A new study shows the U.K. government has increased spending on the military to $61.5-billion last year, up from $54.8-billion in 2019. 

Currently around £56.1-billion of the NHS annual budget goes on staffing costs. A 1 percent pay rise would cost approximately £561-million. That’s almost the same amount the Ministry of Defence (MOD) spent on missiles for its new fleet of F-35 Lightning fighter jets in January. A week after the missile spending was announced, the MOD said another £76-million would be spent maintaining the F-35s.

The International Institute for Strategic Studies (IISS) said Britain now has the fourth-largest defense budget in the world, ahead of Russia, France and Germany.

Only the U.S., China and India spent more on their militaries than the U.K. , with the Pentagon accounting for 40 percent of the world’s defense expenditure.

The IISS said the Russian defense budget for 2020 was $60.6-billion, down $1-billion from 2019. Russia is 70 times the size of the U.K. and has more than twice as many inhabitants

Other spending announcements during lockdown this year include £180-million on armored vehicles for the British army, £102-million on a surveillance system for soldiers and £98-million for shoulder-launched missiles. 

The British government was likely to spend more than £200-billion over the next decade to fulfil its pledges on military procurement for equipment such as new nuclear-armed submarines, aircraft carriers and combat aircraft. In addition, other costs for the Trident nuclear weapons system could reach up to £164-billion in the 40 years to 2061.

Britain overtakes Russian military spending — but onl... (dailymaverick.co.za)

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