questionText: To ask the Chancellor of the Exchequer, with reference to the Prime Minister's statement of 25 February 2025 on Defence and Security, Official Report, what steps the Government plans to take to fund the £13.4 billion annual uplift in defence funding beyond the £5.3 billion reallocated from the reduced aid budget.
answerText: £13.4bn represents the forecast increase in total NATO qualifying defence spending from 2024-25 to 2027-28. This increase comprises the reallocated ODA funding, as well as forecast increases to existing NATO qualifying spend over that timeframe.
heading: Defence: Finance