Were on a war footing, Rishi says as he unveils 75bn defence boost to combat Russia, Iran & China threat [Video]

DEFENCE spending will hit the 2.5 per cent of GDP target by the end of the decade, Rishi Sunak pledged today.

The PM unveiled a plan to raise the annual armed forces cash to £87billion by 2030 – a £23billion hike on the current budget.

He hailed the “biggest strengthening of national defence in a generation” to combat a new axis of evil comprising Russia, Iran and China. 

The announcement comes after already pledging an extra £500 million in military aid for Ukraine and warning Vladimir Putin “will not stop at the Polish border” unless he is defeated.

Speaking after crunch security talks in Poland, Mr Sunak said: “In a world that is the most dangerous it …