Defence: Finance
Commons · Question 65971 · Tabled 8 Jul 2025 · Treasury · Official record
Answered 16 Jul 2025
Question
Asked by Pippa Heylings
To ask the Chancellor of the Exchequer, what recent assessment her Department has made of the adequacy of the use of Defence Bonds for financing military expenditure; and whether her Department has had recent discussions with financial investors on their
Answer
Answered by Darren Jones, 16 Jul 2025
As the Prime Minister announced in February, we are fully funding the path to 2.5% by reducing ODA spending. That is why we can announce a £10.9bn real-terms increase to the MOD budget over the Spending Review period. On top of this, we are recognising th...