Defence: Finance
Lords · Question HL1137 · Tabled 22 Jun 2026 · Treasury · Official record
Answered 6 Jul 2026
Question
Asked by Lord Birt
To ask His Majesty's Government what plans they have to publish a detailed plan to invest 3.5 per cent of GDP on core defence spending by 2035; and if so when.
Answer
Answered by Lord Livermore, 6 Jul 2026
On 30 June, the Government published the Defence Investment Plan (DIP), committing an additional £15bn over four years to defence spending. From 2027-28 onwards, the UK will spend 2.7% of GDP on core NATO defence spending, solidifying its position as the ...