Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has had discussions with pension firms on investment in the defence sector.

Ministers meet a wide range of pension firms regularly. Trustees and fund managers are responsible for making investment decisions in line with their fiduciary duty and member preferences.

The Government has been actively engaging with the defence industry, trade associations and the financial services sector regarding access to financial services for defence companies. In a time of increasing geopolitical instability, maintaining a robust and thriving defence sector is essential to our national security.