Spring Statement 2025: A summary
A summary of the announcements in Spring Statement 2025 and an overview of the latest economic forecasts.

The 2014 NATO Wales Summit discussed Russia, Ukraine, Iraq, defence spending amongst allies and the end of combat operations in Afghanistan.
NATO Wales Summit 2014: outcomes (415 KB , PDF)
The 2014 NATO Wales Summit discussed Russia, Ukraine, Iraq, defence spending amongst allies and the end of combat operations in Afghanistan.
Allies adopted a Readiness Action Plan to strengthen NATO’s collective defence. Primarily geared towards the Eastern part of the Alliance, this includes plans to establish a Very High Readiness Joint Task Force that can deploy within a few days, and an enhanced military presence involving exercises and a continued military presence on a rotational basis.
Allies agreed to reverse the trend of declining defence budgets and aim towards the NATO guideline of spending 2% of GDP on defence expenditure within a decade.
NATO’s mission in Afghanistan will end in December 2014 and the Alliance called on Afghanistan to sign the relevant Security Agreements to enable NATO troops to remain in the country in 2015 onwards.
NATO Wales Summit 2014: outcomes (415 KB , PDF)
A summary of the announcements in Spring Statement 2025 and an overview of the latest economic forecasts.
In February 2025, Labour took a step towards a manifesto promise by committing to spend 2.5% of GDP on defence by 2027.
The government will publish a strategic defence review in 2025, considering threats to the UK and how to meet them. What do we know about it so far?