questionText: To ask the Chancellor of the Exchequer, what is the forecast profile of yearly (a) defence and (b) security spending to meet the respective 3.5% and 1.5% GDP NATO targets by 2035.
answerText: NATO qualifying defence spending will increase to 2.6 per cent of GDP by April 2027. The Government’s ambition is to spend 3 per cent of GDP on defence next Parliament, when economic and fiscal conditions allow, and 5 per cent of GDP on national security ...
heading: Defence: Finance