questionText: To ask the Chancellor of the Exchequer, with reference to the Prime Minister's Oral Statement of 25 February 2025 on Defence and Security, Official Report, on what percentage of economic growth in the economy is the increase in Defence spending based.
answerText: The increase in defence spending is based on OBR forecasts of GDP growth. Further detail will be made available on 26 March alongside the OBR’s next forecast in the usual way.
heading: Defence: Finance