Defence: Finance
The question
To ask the Chancellor of the Exchequer, what her planned timetable is for setting out how the UK will fund GDP on defence expenditure of (a) 3 percent in the next Parliament and (b) 3.5 percent by the Parliament after next.
Answered by Darren Jones
As confirmed in the Spending Review 2025, this government has a fully funded path to reaching 2.6% NATO qualifying defence spending by 2027, with an ambition to reach 3% by the end of the next parliament, when fiscal and economic conditions allow. We will set budgets for the next Spending Review period at SR27. The NATO Defence Investment Pledge will be reviewed by NATO Allies in 2029.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →