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Shipping: Strait of Hormuz

Treasury written question – answered at on 22 July 2026.

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Photo of Ben Obese-Jecty Ben Obese-Jecty Conservative, Huntingdon

To ask the Chancellor of the exchequer, pursuant to the answer of 10 July 2026 to question 16168 on Investment: Strait of Hormuz, how much has she approved from the HMT reserve to deploy additional capabilities in the Middle East for the Multinational Hormuz Mission.

Photo of Emma Reynolds Emma Reynolds The Chief Secretary to the Treasury

As set out in the Defence Investment Plan, the UK and France stand ready to deploy the wider Multinational Military Mission to support freedom of navigation in the Strait of Hormuz.

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  • (Citation: HC Deb, 22 July 2026, cW)

Chancellor of the Exchequer

The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.

The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.

The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.