Massive spending cuts needed if Britain is to meet NATO target of extra £36 billion every year on defence, IFS warns.

According to a report by Daily Mail… Britain must overhaul ‘the state’ to find the tens of billions of pounds to meet NATO spending targets, a watchdog has warned. The UK must raise defence spending from 2.3 per cent to 3.5 per cent of GDP. complete report is on below link. Source: https://www.dailymail.co.uk/news/article-15134469/Massive-spending-cuts-needed-Britain-meet-NATO-target-extra-36-billion-year-defence-IFS-warns.html?ns_mchannel=rss&ito=1490&ns_campaign=1490