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, columns 631-634, if she will provide a breakdown of the funding sources for the proposed increase in defence spending.
The Prime Minister’s announcement in February is fully funded - we are reducing ODA to the equivalent of 0.3% of GNI to fund the additional spend required to ensure we reach 2.5% of GDP on defence spending in 2027-28.