Defence: Finance

(asked on 25th February 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what are the (a) economic and fiscal conditions and (b) operational needs required to reach three per cent of GDP on defence expenditure in the next Parliament.


Answered by
Darren Jones Portrait
Darren Jones
Chief Secretary to the Treasury
This question was answered on 5th March 2025

The Chancellor will continue to set fiscally responsible, credible spending plans to meet this goal, supported by the number one mission of this government – to drive economic growth. Putting a stake in the ground now drives preparation and sends a clear message about prioritising security in an increasingly turbulent world.

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