Written Question·Treasury·UIN 23982

Defence: Finance

Tabled: 29 April 2024
Answered: 2 May 2024
Named Day

Question

John Healey

LabourRawmarsh and Conisbrough

To ask the Chancellor of the Exchequer, with reference to the Prime Minister’s speech in Warsaw on 23 April 2024, whether his Department has (a) conducted an assessment of costings and (b) developed proposals for how to fund the commitment to spend 2.5% o

Answer

Laura Trott
We have made a commitment to steadily increase defence spending, reaching 2.5% of GDP in 2030. We have also set out how we are fully funding this increase in defence spending.

Partner sites