Defence: Finance
(asked on 26th February 2025) - View Source
Question to the Cabinet Office:
To ask His Majesty's Government, further to the remarks by the Prime Minister at the Downing Street news conference on 25 February, how they calculated that 0.2 per cent of GDP equates to £13.4 billion.
This question was answered on 19th March 2025
In 2027/28 we will be spending £13.4 billion more on defence than we do today. Our cash spend in 24/25 is £66.3 billion and our cash spend in 27/28 will be £79.7 billion.