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Defence: Finance

Asked by Ben Obese-JectyConservativeTreasuryTabled Answered 15 July 2026UIN 16665

The question

To ask the Chancellor of the Exchequer, with reference to the policy paper entitled The Defence Investment Plan Funding explainer, published on 30 June 2026, what the £2.4 billion under Treasury support for ongoing international objectives and more efficient defence procurement applies to.

Answered by Lucy Rigby

Through the DIP, HMT will provide £2.4 billion additional support by taking on responsibility for the cost of further support for ongoing international objectives which includes Ukraine Security Guarantees in case of a ceasefire, and unlocking additional savings from improved procurement.

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