questionText: To ask the Chancellor of the Exchequer, if he will use the £1.8 billion of reserves in capital funding to increase defence funding for 2024-25.
answerText: The Prime Minister recently set out our pledge: to increase defence spending to 2.5% of GDP by 2030. That increase starts immediately, rising each year, and will see defence spending rise to £87 billion a year by 2030/31. This is the biggest strengthening...
heading: Defence: Finance