Written Question·Treasury·UIN 34811
Defence: Expenditure
Tabled: 3 March 2025
Answered: 11 March 2025
Question
Sir Mel Stride
Conservative — Central Devon
To ask the Chancellor of the Exchequer, what assessment her Department has made of whether real-terms or nominal figures provide the most accurate metric for evaluating an increase in defence spending.
Answer
Darren Jones£13.4bn represents the increase in total NATO qualifying defence spending from 2024-25 to 2027-28 based on OBR forecasts. As the Prime Minister has announced, defence spending will reach 2.5% GDP in 2027-28. Our GDP percentage spent on defence is the key ...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 34811) →