Defence: Finance
The question
To ask the Secretary of State for Defence, what steps his Department is taking to implement increased defence expenditure to improve the preparedness and readiness of the armed forces.
Answered by Luke Pollard
As outlined in the 2025 Strategic Defence Review, Defence will increase expenditure to transform the Armed Forces into a more lethal integrated force, equipped for the future. On 25 February 2025, the Prime Minister announced the largest sustained increase to defence spending since the end of the Cold War—rising to 2.5% of GDP by 2027, and to 3% in the next Parliament when fiscal and economic conditions allow. We have already boosted defence by £5 billion this year. The Defence Investment Plan will set out how the Ministry of Defence will deliver the vision of the Strategic Defence Review including steps to improve preparedness and readiness of the Armed Forces.
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