Defence: Finance
The question
To ask the Secretary of State for Defence, pursuant to the Answer of 14 March to Question 37252 on Defence: Finance, what the real terms equivalent of that cash figure is.
Answered by Luke Pollard
The Government’s commitment to increase defence investment to 2.5% of GDP by 2027 will result in a £13.4 billion increase to defence spending in cash terms in 2027/28 compared to 2024/25. The final real terms equivalent will depend on inflation rates between this year and 2027.
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