UK Chancellor of the Exchequer John Healey unveiled his first budget on Wednesday, announcing an accelerated defense spending target of 3% of GDP by 2030, and reiterating the NATO commitment to reach 3.5% by 2035. He also announced an additional £10 billion (approximately $13.3 billion) in economic and military support for Ukraine, including loans, export finance guarantees, and £500 million in emergency winter military funding, sending a clear message to Moscow. Furthermore, Healey announced a £2.5 billion investment with Rolls-Royce to develop next-generation turbine engine technology, and plans to deploy up to £5 billion over the next four years through the National Wealth Fund and British Business Bank into defense and national security-related sectors.