Question to the Ministry of Defence:

To ask the Secretary of State for Defence, what assessment his Department has made of the potential impact of inflation on defence spending.

High inflation will reduce the Ministry of Defence's spending power over the Spending Review period and beyond. However, due to its volatility, a precise estimate of its impact is challenging. Our existing controls will substantially limit exposure and we keep our programmes under constant financial review, using our contingency to manage risks if they materialise.