Written Question·Treasury·UIN 22961

Defence: Expenditure

Tabled: 9 January 2025
Answered: 14 January 2025
Named Day

Question

James Cartlidge

Conservative — South Suffolk

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of recent trends in borrowing costs on the Government's capacity to increase defence spending to 2.5% of GDP expenditure.

Answer

Darren Jones
This government is fully committed to economic stability and sound public finances. That is why the Chancellor has made clear that meeting the fiscal rules is non-negotiable. Economic stability is one of the foundations that underpins the Prime Minister's...
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