Defence: Finance

(asked on 17th March 2025) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, pursuant to the Answer of 14 March to Question 37252 on Defence: Finance, what the real terms equivalent of that cash figure is.


Answered by
Luke Pollard Portrait
Luke Pollard
Minister of State (Ministry of Defence)
This question was answered on 20th March 2025

The Government’s commitment to increase defence investment to 2.5% of GDP by 2027 will result in a £13.4 billion increase to defence spending in cash terms in 2027/28 compared to 2024/25. The final real terms equivalent will depend on inflation rates between this year and 2027.

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