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Written question asked by Vikki Slade (Liberal Democrat) on Tuesday, 22 July 2025, in the House of Commons. It was due for an answer on Monday, 1 September 2025. It was answered by Maria Eagle (Labour) on Thursday, 4 September 2025 on behalf of the Ministry of Defence.


Defence: Manufacturing Industries

Question

To ask the Secretary of State for Defence, what steps he is taking to ensure that SME defence manufacturers are able to access banking services.

Answer

The Strategic Defence Review has recommended the development of a Defence Finance and Investment Strategy, to be published in 2026, which will focus on improving Defence’s relationship with the financial services sector. This strategy aims to support SMEs in accessing tailored financial products and services, ensuring they are better positioned to contribute to the growth and resilience of the defence sector. These measures reflect the Government’s determination to support SMEs and strengthen the UK’s world-leading defence industry.


Secondary information

Type
Written question
Reference
70206
Session
2024-26
Related items
Defence: Industry
Monday, 27 October 2025
Written questions
House of Commons
Transferred
Yes
Subjects
Defence Financial services Manufacturing industries Small businesses
Link
View this Written question on www.parliament.uk