The UK has fallen behind Germany as the second-biggest European spender in NATO, its army is at its smallest size since the Napoleonic era and British armed forces are losing more people than they’re recruiting. The government’s latest defense review set out plans to rebuild stockpiles, expand the nation’s nuclear deterrence and submarine fleet as well as invest more heavily in long-range weapons and advanced tech like drones and lasers. Bloomberg’s Caroline Hepker reports.
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