Defence: Finance

(asked on 30th June 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if her Department will publish the list of infrastructure projects that will not proceed in order to fund the Defence Investment Plan.


Answered by
Lucy Rigby Portrait
Lucy Rigby
Economic Secretary (HM Treasury)
This question was answered on 6th July 2026

Departments have been asked to contribute 1p in every £1 of their capital budgets to fund the Defence Investment Plan.

Departments will decide how to deliver the required savings, prioritising cancellations, delays and efficiencies in lower‑value programmes first, while minimising impacts on frontline services and core policy priorities.

DfT will provide savings of up to £700m from its roads funding. The Department will consult on reductions to the third Road Investment Strategy including the potential cancellation of the A38 Derby Junctions and A46 Newark Bypass schemes. Departments will set out further impacts on specific policies and programmes in due course.

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