Ministry of Defence: Finance
(asked on 3rd July 2019) - View Source
Question to the Ministry of Defence:
To ask the Secretary of State for Defence, what recent assessment she has made of the adequacy of funding allocated to her Department.
This question was answered on 10th July 2019
The UK has committed to spending 2% of GDP on defence. We are the largest defence spender in Europe and the second largest in NATO.
The Ministry of Defence has a £39 billion core defence budget which will rise by at least 0.5% above inflation in every year of this Parliament. Any future funding decisions will be taken at the upcoming spending review.