Defence: Expenditure

Ministry of Defence written question – answered at on 23 March 2022.

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Photo of Lord Taylor of Warwick Lord Taylor of Warwick Non-affiliated

To ask Her Majesty's Government what plans they have to increase defence spending.

Photo of Baroness Goldie Baroness Goldie Lord in Waiting (HM Household) (Whip), The Minister of State, Ministry of Defence

The Government is clear that Defence should be led by our understanding of the threats it needs to counter. As such the Ministry of Defence keeps its spending under constant review and is analysing the implications of the increased threat that Russia now poses. Defence is coming into its second year of its four-year spending settlement, in which it has already secured an additional 16.5 billion of funding over the Spending Review period, marking the biggest investment in the Armed Forces since the Cold War.

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