Ministry of Defence written question – answered am ar 6 Chwefror 2024.
Maria Eagle
Shadow Minister (Defence)
To ask the Secretary of State for Defence, what discussions he has had with the Chancellor of the exchequer on when the 2.5% of GDP target for defence spending will be achieved.
James Cartlidge
The Minister of State, Ministry of Defence
I refer the right hon. Member to the answer I gave her on 23 November to Question 2090 and to the reply given on the 27 November 2023 to the right hon. Member for Wentworth and Deane (Mr John Healey) in response to Question 3090.
Defence: Finance (docx, 28.6KB)
Defence: Expenditure (docx, 14.6KB)
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
Secretary of State was originally the title given to the two officials who conducted the Royal Correspondence under Elizabeth I. Now it is the title held by some of the more important Government Ministers, for example the Secretary of State for Foreign Affairs.
