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Written question asked by James MacCleary (Liberal Democrat) on Wednesday, 13 May 2026, in the House of Commons. It was due for an answer on Monday, 18 May 2026. It was answered by Lucy Rigby (Labour) on Thursday, 21 May 2026 on behalf of the Treasury.


Defence: Finance

Question

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential merits of using defence bonds as a way to finance capital-intensive commitments in the Strategic Defence Review.

Answer

This Government has announced a significant uplift in defence spending over the Spending Review period. This uplift is underpinned by our non-negotiable fiscal rules; reducing borrowing whilst investing in defence to keep the UK and allies safe.

There are no plans to relax these fiscal rules, increase taxation or introduce defence bonds to support further defence spending.


Secondary information

Type
Written question
Reference
762
Session
2026-27
Transferred
Yes
Subjects
Defence Finance
Link
View this Written question on www.parliament.uk