Question

Asked by Ben Obese-Jecty to Treasury on 28 October 2026 — tabled under the Andy Burnham government

To ask the Chancellor of the Exchequer, by when he plans to establish the new Innovative Defence Finance Taskforce.

Answer

Answered by Emma Reynolds (Labour)

The Government is establishing the Innovative Defence Financing Taskforce imminently. The Defence Finance and Investment Strategy will be published this year. It will set out how Defence will mobilise responsible private capital alongside public investment to accelerate capability delivery, strengthen the UK defence industrial base and support economic growth.

Verdict: AMBER (27/100)

The reply only partly answers the question. It says the taskforce is being set up 'imminently', but gives no date or milestones. The one timeline it does give ('this year') relates to a separate Defence Finance and Investment Strategy, not the taskforce. The asker would likely need to follow up to get a specific date.

How we got there

Question itemCoverageSpecificityRationale
What is the Chancellor's planned timetable for establishing the new Innovative Defence Finance Taskforce? Partially Addressed Hedged Statement 1 gives the only timing for the taskforce itself, saying it is being established 'imminently', but this is vague and gives no date or milestones. Statement 2 gives a timeline ('this year') for the separate Defence Finance and Investment Strategy, not for the taskforce, so it only partly answers the question.

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