Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make assessment of the affordability of spending 3.0% of GDP on defence by 2030.
The £15 billion Defence Investment Plan uplift will take NATO-qualifying defence spending to 2.7% of GDP in 2027-28. This is primarily funded by reallocating £10.3 billion across government, with £4.7 billion to be confirmed at Budget 2026.
At the next Spending Review the Government will set out a clear path to meet its 3.5 per cent NATO target in 2035 and will set a target date to hit 3 per cent on that path.