questionText: To ask the Chancellor of the Exchequer, whether the planned increase of £13.4 billion in annual defence spending by the 2027-28 financial year includes previously announced funding of (a) £150 million for national security and (b) £4.5 billion for the Single Intelligence Account in the 2025-26 financial year.
answerText: The Prime Minister announced in February 2025 that NATO-qualifying defence spending will increase to 2.6% in 2027. This will be achieved through an increase in funding from a reduction in the Official Development Assistance (ODA) budget from 0.5% to 0.3% ...
heading: Defence: Finance