Written Question·Ministry of Defence·UIN 122752

Defence: Finance

Tabled: 23 March 2026
Answered: 31 March 2026

Question

James Cartlidge

ConservativeSouth Suffolk

To ask the Secretary of State for Defence, with reference to her Department's press release entitled Joint statement from Finland, the Netherlands, and the United Kingdom on joint defence financing and procurement, published on 17 March 2026, whether the

Answer

Luke Pollard
The finance mechanism will unlock finance and support joint procurement between partners of key capabilities, alongside providing loans to the defence industry and government to accelerate defence sector investment. The mechanism is still in development w...

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