Defence: Finance
(asked on 26th February 2025) - View Source
Question to the Ministry of Defence:
To ask the Secretary of State for Defence, whether the proposed increase in defence spending will be a real terms increase of £6bn.
This question was answered on 7th March 2025
The Government's commitment to increase defence investment to 2.5% of GDP by 2027 will result in a £13.4 billion increase to defence spending in cash terms in 2027-28 compared to 2024-25.