Question to the Ministry of Defence:

To ask the Secretary of State for Defence, with reference to recommendation 6 of the Strategic Defence Review, published on 2 June 2025, which team in his Department is responsible for developing a dedicated strategy for the financial services sector by March 2026.

The Growth and Missions Directorate within the Department of State will lead the Defence Finance and Investment Strategy in collaboration with Military Strategic Head Quarters and the National Armaments Director Group. They will be supported by the Defence Investors' Advisory Group that will be made of eminent professionals within the banking and venture capital sector.