Written Question·Treasury·UIN 23991
Defence: Finance
Tabled: 29 April 2024
Answered: 2 May 2024
Named DayQuestion
John Healey
Labour — Rawmarsh and Conisbrough
To ask the Chancellor of the Exchequer, with reference to the Prime Minister’s speech in Warsaw on 23 April 2024, whether the commitment to spend 2.5% of gross domestic product on defence by 2030 will be require additional funding streams other than throu
Answer
Laura TrottWe 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.