Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions she has had with European counterparts on the development of international finance partnerships to support defence and security cooperation.

Challenging times for global and European security call for novel solutions, which is why the UK is working with Finland, the Netherlands and other likeminded NATO allies on collective defence financing and procurement, exploring a new mechanism to support this by 2027.

Together, we can accelerate standardisation, expand industrial capacity and drive greater deterrence to meet our shared defence and security commitments.