Defence: Finance

(asked on 25th February 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Prime Minister's Oral Statement of 25 February 2025 on Defence and Security, Official Report, on what percentage of economic growth in the economy is the increase in Defence spending based.


Answered by
Darren Jones Portrait
Darren Jones
Minister for Intergovernmental Relations
This question was answered on 3rd March 2025

The increase in defence spending is based on OBR forecasts of GDP growth. Further detail will be made available on 26 March alongside the OBR’s next forecast in the usual way.

Reticulating Splines