Defence: Expenditure
(asked on 6th September 2016) - View Source
Question to the Ministry of Defence:
To ask the Secretary of State for Defence, what the change in defence spending has been since May 2015.
This question was answered on 9th September 2016
The Spending Review 2015 set out the Ministry of Defence's (MOD) budget for the rest of this Parliament reflecting the Government's commitment to spend at least 2% of GDP on defence. The MOD budget will increase by 0.5% above inflation each year from 2016-17 to 2020-21, during which time the Department will have access to the new Joint Security Fund.
The Defence Budget for 2016-17 is £35 billion.