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EU and UK in talks about Europe-wide defence funding amid fear of US pullback

Donald Trump’s re-engagement with Russia has given new urgency to European discussions
Donald Trump has demanded European Nato allies increase defence spending to 5 per cent of GDP, from an existing 2 per cent target that some still do not reach

Britain will this week join EU leaders in groundbreaking talks about setting up Europe-wide defence funding arrangements, as the continent struggles to beef up its military amid fears of a disappearing US security blanket.

UK chancellor Rachel Reeves will hold talks with other European finance ministers at a G20 meeting in Cape Town this week, as the war in Ukraine enters its fourth year.

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