To ask the Secretary of State for Defence, what assessment he has made of the potential impact of the Autumn Budget 2024 on the defence sector.
Answered on
5 December 2024
The Budget increased defence spending in real terms by £2.9 billion for next year and we are committed to setting a path to 2.5% of GDP on defence.
The Department's Statement of Intent regarding the Defence Industrial Strategy was published on 2 December. This will ensure the imperatives of national security and a high-growth economy are aligned.
Answered by
Ministry of Defence
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