U.K. Boosts Defense Spending, Aiming to Restore Global Power Post-Brexit

The U.K. government announced its biggest increase in defense spending since the Cold War in a bid to secure its position as the U.S.’s main military ally in Europe after Brexit.

The U.K. will spend an additional 24.1 billion pounds, equivalent to $32 billion, over the next four years compared with last year’s budget. That is £16.5 billion more than the government had already pledged, securing the U.K.’s rank as the second-highest spender on defense in the North Atlantic Treaty Organization behind the U.S.

“I…