The rise follows warnings from police and security services of a step change in the threat from Islamist terrorism this year, following a series of attacks across the UK.
Chancellor Philip Hammond and Home Secretary Amber Rudd have struck a deal to raise the Home Office budget from 707 million pounds (USD 941 million) to 757 million pounds (USD 1 billion) next year.
Rudd is believed to have secured the extra funding after days of "quiet diplomacy" with the Chancellor.
"This represents our commitment to backing the brave counter-terrorism forces with the resources they need to keep people safe," Rudd told The Sun today.
MI5 spies had revealed recently that the security services have managed to thwart nine terrorist attacks on home soil since March, when a vehicle-bound terrorist struck at the UK Parliament complex, killing four people.
That attack was followed by a suicide bombing at an Ariana Grande concert in Manchester in May and a vehicle and knife rampage on the streets of London in June in terror attacks claimed by the Islamic State (ISIS) terror group.
Since 2015, the UK government has increased counter- terror spending by 30 per cent, which includes more armed officers plus an extra 500 million pounds for the Special Air Service, intelligence service MI5 and the Government Communications Headquarters - the intelligence and security organisation responsible for providing information to the government and armed forces.
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