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Defence: Finance

Asked by James CartlidgeConservativeMinistry of DefenceTabled Answered 30 April 2025UIN 46784

The question

To ask the Secretary of State for Defence, pursuant to the Answer of 1 April to Question 41493 on Defence: Finance, if he will provide a breakdown of the calculations used to reach the £14.2 billion figure referred to.

Answered by Maria Eagle

£14.2 billion is the difference between the NATO qualifying spend of £66.3 billion in 2024-25 and 2.5% of GDP in financial year 2027-28, which is £80.5 billion based on the OBR's latest growth forecast.

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