Oral Question·Prime Minister
“If she will list her official engagements for Wednesday 30 January.”
Tabled: 24 January 2019Answered: 30 January 2019
Asked by
Stephen Morgan
Labour — Portsmouth South
Answering Minister
the Prime Minister
Answer from Hansard
The Chief Secretary to the Treasury (James Murray)
Whatever the purpose, spending funded from bonds issued by the Government adds to the national debt and so must be considered within the fiscal rules. But the hon. Gentleman is right to point to the importance of research and development within the defence industry to support economic growth. I am proud that last year we allocated £400 million for UK defence innovation to foster a world-leading UK defence tech sector.