Defence: Finance

(asked on 23rd February 2022) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, whether he has asked for assistance from the Chancellor of the Exchequer to help ensure that capital budgets within Top Level Budgets are not substantially limited by higher rates of inflation.


Answered by
Jeremy Quin Portrait
Jeremy Quin
This question was answered on 1st March 2022

The Ministry of Defence (MOD) and HM Treasury work closely together to understand the impact of economic conditions on the Defence programme. Spending Review 2021 adjusted the MOD’s Resource Departmental Expenditure Limit in response to changes in economic conditions, changes to National Insurance and changes to public sector pay policyand we continue to monitor the impact on our capital spending plans as longer term trends in inflation become clearer.

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