Defence: Finance

Summary

To ask the Chancellor of the Exchequer, with reference to the Prime Minister’s speech in Warsaw on 23 April 2024, whether his Department has (a) conducted an assessment of costings and (b) developed proposals for how to fund the commitment to spend 2.5% o

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Timeline

1. 29 April 2024

   Written question

   To ask the Chancellor of the Exchequer, with reference to the Prime Minister’s speech in Warsaw on 23 April 2024, whether his Department has (a) conducted an assessment of costings and (b) developed proposals for how to fund the commitment to spend 2.5% o

   Source: Commons

2. 2 May 2024

   Answer

   We have made a commitment to steadily increase defence spending, reaching 2.5% of GDP in 2030. We have also set out how we are fully funding this increase in defence spending.

   Source: Written answer

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• · Treasury · Answering body

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