UK Treasury has not assessed how to fund 3.5% Nato defence spending pledge, chief secretary admits
By
Heather Stewart
1h ago· 4 min readenNews
Summary
The UK Treasury has not conducted any analysis on how to fund the government's promise to increase Nato defence spending to 3.5% of GDP by 2035. Treasury Chief Secretary Lucy Rigby told MPs that funding decisions would be left to the next prime minister. The lack of a clear spending path was highlighted as a concern during a joint session of the Treasury and defence select committees.
Source
bskyUK Treasury has not assessed how to fund 3.5% Nato defence spending pledge, chief secretary admitstheguardian.comKey quotes
· 3 pulledUnder robust questioning in a joint session of the Treasury and defence select committees on Wednesday, Lucy Rigby repeatedly said that how to fund additional defence spending would be a matter for 'the next prime minister'.
The Treasury has as yet carried out no analysis of the trade-offs necessary for the UK to hit the 3.5% of GDP defence spending promise made to Nato, the department's chief secretary has said.
The failure to set out a future spending path was among the r
How to hit the 3.5% of GDP defence spending promise would be a matter for ‘the next prime minister’, MPs told
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