Defence: Finance

Treasury written question – answered at on 2 May 2024.

Alert me about debates like this

Photo of John Healey John Healey Shadow Secretary of State for Defence

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% of gross domestic product on defence by 2030.

Photo of John Healey John Healey Shadow Secretary of State for Defence

To ask the Chancellor of the Exchequer, with reference to the Prime Minister’s speech in Warsaw on 23 April 2024, whether the commitment to spend 2.5% of gross domestic product on defence by 2030 will be require additional funding streams other than through reductions to (a) the civil service and (b) research and development budgets.

Photo of Laura Trott Laura Trott The Chief Secretary to the Treasury

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.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.