questionText: To ask the Secretary of State for Defence, pursuant to the Answer of 10 May 2024 to Question 24424 on Armed Forces: Defence Equipment, for what reason his Department has linked the annual budget cycle in 2024 to the announcement for future funding in the 2025-26 financial year, in the context of the annual budget cycle being for in-year spending adjustments.
answerText: The Department runs an Annual Budget Cycle (ABC) every year. However, this is not solely for in year spending adjustments, it is a financial planning exercise to review the Department's ten-year forecast.The most recent ABC conducted in 2023 reviewed the ...
heading: Armed Forces: Defence Equipment