The UK defence minister's shock resignation is a warning for all of Europe | Paul Taylor (opens in new tab)

John Healey is right about the risk of wars. But it has become politically treacherous for Nato leaders to borrow for defenceSince the historic Nato summit in The Hague this month, European leaders have pledged massive increases in defence spending in the face of increasingly acute threats of Russian aggression. Yet the reality is that key west European governments – especially the UK, France and Italy – are not putting their money where their mouth is for fear of undermining lenders’ confide...