{"id":151739,"date":"2024-04-26T18:00:32","date_gmt":"2024-04-26T17:00:32","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/business-live-with-ian-king-what-rishi-sunaks-hike-in-defence-spending-will-mean-for-the-industry\/"},"modified":"2024-04-26T18:00:32","modified_gmt":"2024-04-26T17:00:32","slug":"business-live-with-ian-king-what-rishi-sunaks-hike-in-defence-spending-will-mean-for-the-industry","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/business-live-with-ian-king-what-rishi-sunaks-hike-in-defence-spending-will-mean-for-the-industry\/","title":{"rendered":"Business Live with Ian King: What Rishi Sunak&#8217;s hike in defence spending will mean for the industry"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i2.ytimg.com\/vi\/AGPTMpN2EDQ\/hqdefault.jpg\" alt=\"Business Live with Ian King: What Rishi Sunak's hike in defence spending will mean for the industry\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/AGPTMpN2EDQ\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>Rishi Sunak has insisted his uplift in defence spending is &quot;fully funded&quot; after Labour branded the announcement a pre-election &quot;gimmick&quot;.<\/p>\n<p>The prime minister was asked by journalists whether he was not &quot;entirely squaring with people&quot; over how the increase in defence spending by 2030 will be funded &#8211; and whether it would involve &quot;pain&quot; for taxpayers.<\/p>\n<p>But Mr Sunak, appearing at a joint press conference with German Chancellor Olaf Scholz, said that was not a &quot;fair characterisation&quot; and that his pledge was &quot;fully funded&quot;.<\/p>\n<p>Mr Sunak also confirmed that the UK&#8217;s defence spending would increase to 2.5% of GDP by 2030 to meet the &quot;growing threats&quot; posed by the likes of Russia, China and Iran<\/p>\n<p>Latest business news \ud83d\udc49 https:\/\/trib.al\/unXvp4J<br \/>\nMoney advice blog \ud83d\udc49 https:\/\/trib.al\/wEeVvFT<\/p>\n<p>#Business #Economy #CostOfLiving #Banking #Stocks #Budget #Wages #Manufacturing #Banking #Defence #NATO #Industry #SkyNews<\/p>\n<p>SUBSCRIBE to our YouTube channel for more videos: http:\/\/www.youtube.com\/skynews<br \/>\nFollow us on Twitter: https:\/\/twitter.com\/skynews<br \/>\nLike us on Facebook: https:\/\/www.facebook.com\/skynews<br \/>\nFollow us on Instagram: https:\/\/www.instagram.com\/skynews<br \/>\nFollow us on TikTok: https:\/\/www.tiktok.com\/@skynews <\/p>\n<p>For more content go to http:\/\/news.sky.com and download our apps: Apple https:\/\/itunes.apple.com\/gb\/app\/sky-news\/id316391924?mt=8 Android https:\/\/play.google.com\/store\/apps\/details?id=com.bskyb.skynews.android&amp;hl=en_GB <\/p>\n<p>Sky News Daily podcast is available for free here: https:\/\/podfollow.com\/skynewsdaily\/ <\/p>\n<p>Sky News videos are now available in Spanish here\/Los video de Sky News est\u00e1n disponibles en espa\u00f1ol aqu\u00ed: https:\/\/www.youtube.com\/channel\/UCzG5BnqHO8oNlrPDW9CYJog <\/p>\n<p>To enquire about licensing Sky News content, you can find more information here: https:\/\/news.sky.com\/info\/library-sales<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rishi Sunak has insisted his uplift in defence spending is &quot;fully funded&quot; after Labour branded the announcement a pre-election &quot;gimmick&quot;. The prime minister was asked by journalists whether he was not &quot;entirely squaring with people&quot; over how the increase in defence spending by 2030 will be funded &#8211; and whether it would involve &quot;pain&quot; for [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":151740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128811],"tags":[133091,128828,128829],"actors":[],"class_list":["post-151739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sky-news","tag-insisted","tag-rishi","tag-sunak"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business Live with Ian King: What Rishi Sunak&#039;s hike in defence spending will mean for the industry | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch Business Live with Ian King: What Rishi Sunak&#039;s hike in defence spending will mean for the industry for free, here on News ISC. 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