Vernon Coaker – 2014 Parliamentary Question to the Ministry of Defence

The below Parliamentary question was asked by Vernon Coaker on 2014-03-18.

To ask the Secretary of State for Defence, what funds his Department has returned to the Exchequer as a result of underspend in each year since 2010.

Philip Hammond

In 2010-11, the Ministry of Defence returned no funds to the Exchequer; in 2011-12, the MOD returned £300 million; and in 2012-13, the MOD returned no funds. Final accounts for 2013-14 are not yet available but the MOD has an agreement with the Treasury for carry-forward of underspend at Supplementary Estimates.