“If he will make an assessment of the potential merits of holding cross-party talks on increasing defence spending to three per cent of GDP by 2030.”
Asked by
Cameron Thomas
Answering Minister
the Secretary of State for Defence
Answer from Hansard
The Secretary of State for Defence (John Healey)
At last week’s NATO summit all 32 nations signed up to a new defence investment pledge of 5% of GDP by 2035, including, for the first time, spending on national security, national resilience and homeland security. That builds on this Government’s £5 billion boost to defence this year, the funded and costed plan to hit 2.5% of GDP in two years’ time, and our ambition to hit 3% in the next Parliament.