Issuing defence bonds to help restore Britain’s military
Tabled 13 May 2026 by James MacCleary
That this House believes that, in a world made more dangerous by Donald Trump's reckless war in the Middle East and Vladimir Putin’s aggression in Ukraine and the rest of Europe, the UK cannot afford to continue drifting on defence; recognises the urgent need to rebuild the country’s armed forces and strengthen national resilience following years of being hollowed out by the previous Government; welcomes the Liberal Democrat proposal for defence bonds to raise up to £20 billion over two years for capital investment in defence equipment and capability; notes that such a scheme would back British industry, jobs and innovation while giving the public a direct stake in strengthening the nation’s security; further believes that defence bonds would help increase Britain’s strategic autonomy and support the goal of increasing defence spending to 3% of GDP; and calls on the Government to establish a capped and time-limited defence bonds programme subject to strong parliamentary oversight.
Signatories (39)
- James MacCleary Sponsor
- Dr Danny Chambers
- Andrew George
- Dr Al Pinkerton
- Helen Morgan
- Calum Miller
- Adam Dance
- Jess Brown-Fuller
- Cameron Thomas
- Wera Hobhouse
- Liz Jarvis
- Clive Jones
- Dr Roz Savage
- Mr Joshua Reynolds
- Munira Wilson
- Brian Mathew
- Layla Moran
- Alex Brewer
- Chris Coghlan
- Sarah Dyke
- Monica Harding
- Mr Paul Kohler
- Freddie van Mierlo
- Tom Gordon
- Edward Morello
- Mr Angus MacDonald
- Jamie Stone
- Caroline Voaden
- Victoria Collins
- Ben Maguire
- Pippa Heylings
- David Chadwick
- Lisa Smart
- Helen Maguire
- Daisy Cooper
- Gideon Amos
- Ian Sollom
- Josh Babarinde
- Richard Foord