Defence: Finance
2026-06-14 · Treasury · 9862 · Official question
Question
To ask the Chancellor of the Exchequer, what progress she has made in delivering the Multilateral Defence Mechanism.
Answer
On 17 March, the UK announced our intention to explore setting up a new mechanism for defence financing and joint procurement together with Finland, the Netherlands and other NATO allies. This mechanism will aim to finance and aggregate demand, drive join...