Committee publication · Correspondence · 4 June 2026
Correspondence from the Chair to the Chancellor of the Exchequer and the Secretary of State for Defence relating to Defence spending and finance, dated 3 June 2026
From: Treasury Committee
Inquiry: Defence spending and finance
Summary
The Treasury Committee Chair formally invites the Chancellor of the Exchequer and Secretary of State for Defence to give oral evidence on 7 or 8 July 2026 regarding defence spending and finance. The Committee heard expert testimony on the credibility of the Government's 3.5% GDP defence spending commitment by 2035 and Treasury-MOD cooperation on procurement. The Chair expresses concern about delays to the Defence Investment Plan publication and seeks ministerial evidence before the summer recess.
Key findings
- The Committee heard expert testimony on whether the Government can credibly meet its 3.5% of GDP defence spending commitment by 2035 and the Treasury's options for facilitating this
- Concerns raised about the effectiveness of cooperation between the Treasury and Ministry of Defence, particularly on procurement and international partner coordination
- Delays to the Defence Investment Plan publication have raised concerns about the proposed approach and inter-departmental effectiveness
- An informal invitation to ministers on 20 April remained without a mutually-agreed date; the Chair now formally invites evidence on 7 or 8 July, before the summer recess and ahead of the NATO Summit in July
- The Defence Committee will be invited to send three members as guests to the evidence session
Tone
ProceduralTopics
Key actors
Dame Meg Hillier MP, Rachel Reeves MP, John Healey MP, Treasury Committee, Ministry of Defence, Defence Committee
Notable line
“Given the gap between the rapidity of changes to the geopolitical situation and the pace of policy development I am particularly keen to hear from Ministers before the summer recess.”
Key Quotes
“On behalf of the Treasury Committee I am formally inviting Ministers from your Departments to give oral evidence on defence spending and finance.”
“Given the gap between the rapidity of changes to the geopolitical situation and the pace of policy development I am particularly keen to hear from Ministers before the summer recess.”
“While I recognise that delays to the publication of the Defence Investment Plan may have had an impact on both Departments' willingness to discuss defence spending and finance with my Committee …”
Source · parliament.uk record ↗