Oral Question·Ministry of Defence
“If he will take steps with the Chancellor of the Exchequer to issue defence bonds to help increase funding for military capabilities.”
Tabled: 21 May 2026Answered: 1 June 2026
Asked by
Victoria Collins
Liberal Democrat — Harpenden and Berkhamsted
Answering Minister
the Secretary of State for Defence
Answer from Hansard
The Secretary of State for Defence (John Healey)
This Government are making the biggest increase in defence investment since the end of the cold war. This year alone, we have more than £11 billion more in the defence budget than in the last year of the previous Government. As the Prime Minister said in February, “we are going to have to spend more faster”, and we will.