PARLIAMENTARY WRITTEN QUESTION
(13 May 2026)
Question Asked
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.
Asked by:
James MacCleary (Liberal Democrat)
Asked by:
James MacCleary (Liberal Democrat)
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.
Answered by:
()
There are no plans to relax these fiscal rules, increase taxation or introduce defence bonds to support further defence spending.
Answered by:
()
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