Written Question·Treasury·UIN 16727

Defence: Finance

Tabled: 7 July 2026
Answered: 15 July 2026

Question

Callum Anderson

LabourBuckingham and Bletchley

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of UK participation in the Multilateral Defence Mechanism.

Answer

Lucy Rigby
The Multilateral Defence Mechanism (MDM) is an innovative and creative way of financing defence spending that provides greater purchasing power, allowing participating countries to improve their capability within unavoidable fiscal constraints. Its focus ...

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