What we get wrong about defence spending

The combined US-Israeli strikes against Iran have displaced the Russia-Ukraine war from the headlines and brought British defence policy into focus once again. What is the UK doing, or trying to do? Do we agree to Donald Trump’s call for help? Do we send half of our fleet as the French are appearing to do? There are inevitable questions about readiness and hollow forces, and about making the right or wrong strategic choices. But, often, the conversations and accusations turn back to the same thing: Money...