Despite an increase in defence funding, the UK still lags behind Russia, Iran and China, the British newspaper The Times reported.
According to The Times, UK defence funding in cash terms for 2022 has increased by 14% compared to funds allocated a decade earlier.
“The UK is lagging behind as it rearms… In a decade of underinvestment in defence, the UK has failed to match the remilitarisation rate of Russia, Iran and China,” the publication said.
The newspaper pointed out that over the past ten years Russia, Iran and China have increased defence spending by 34%, 57% and 60% respectively.
We will remind, earlier the Russian Defence Ministry said that the re-conservation of facilities, technical re-equipment and modernisation of production lines allowed to increase the production of three-tonne FAB-3000 high-explosive aerial bombs.
