Written Question·Ministry of Defence·UIN 14636

Defence: Small Businesses

Tabled: 30 June 2026
Answered: 8 July 2026

Question

Callum Anderson

LabourBuckingham and Bletchley

To ask the Secretary of State for Defence, what steps he is taking with Cabinet colleagues to reduce the cost of capital for early-stage defence firms.

Answer

Luke Pollard
The Ministry of Defence works closely with HM Treasury, the Department for Business and Trade, and the British Business Bank to improve access to finance and reduce the cost of capital for early-stage defence firms. This includes strengthening investor co...

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