Written Question·Treasury·UIN 33393
Defence: Finance
Tabled: 25 February 2025
Answered: 3 March 2025
Named DayQuestion
Mr Mark Francois
Conservative — Rayleigh and Wickford
To ask the Chancellor of the Exchequer, with reference to the Prime Minister's Oral Statement of 25 February 2025 on Defence and Security, Official Report, on what percentage of economic growth in the economy is the increase in Defence spending based.
Answer
Darren JonesThe increase in defence spending is based on OBR forecasts of GDP growth. Further detail will be made available on 26 March alongside the OBR’s next forecast in the usual way.