Historically, Defence Budgets received 2.5% of GDP during peace
My, what short memories we have. How long qualifies for historic?
http://www.telegraph.co.uk/news/main...ndefence22.xml
Government figures show that 2.5 per cent of the UK's GDP — or around £32 billion — was likely to be spent on defence in 2005/6 compared with 4.4 per cent in 1987/88.
OK, that report was over a year ago but nothing has factually changed since.