In this Espresso Shot episode, David and Mike explore the implications of the UK Government's announcement that defence spending will increase to 2.5% of GDP by 2027, with a longer-term goal of 3%. Which regions will benefit most? And how should local economic development leaders and professionals respond to the resulting opportunities and challenges of this policy change? Tune in for insights on the potential economic impact, regional rebalancing, and the strategic importance of understanding local defence industry profiles.