Select committee: Public Accounts Committee
Conclusion 5
32nd Report - The Future of the Equipment Plan
Published 20 Jun 2025
Addressed to HM Treasury
Public Accounts Committee The Future of the Equipment Plan All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
We are extremely disappointed that the Permanent Secretary did not have concrete suggestions for how the Department will provide Parliament with annual reporting on its plans. The Department last published a full Equipment Plan in November 2022. Since July 2023, it has written to both this and the previous Public Accounts Committee several times with excuses for why it has not produced any subsequent Equipment Plan reports, and it has questioned whether that format was best suited to explaining its future investment and support plans. The recent SDR says that the Department will develop a new ‘Defence Investment Plan’ to supersede the Equipment Plan, but provides no details. We held this inquiry in the sincere hope that by its end we would have heard clear proposals from the Department as to how this Committee, and by extension Parliament, will be able to scrutinise annually the crucial issue of its forward spending plans. The Department acknowledged that it works better with scrutiny from this Committee and the Defence Committee and told us that Ministers were clear that they wanted the Department to be more transparent than previously. However, the Department did not propose how it might present its plans to Parliament and could not give us a date for when it might be able to do so. These answers were entirely unsatisfactory. 6 recommendation During Parliament’s September 2025 sitting the Department must provide the Committee with a fully worked out proposal for how it will update Parliament each year about its equipment procurement and support plans. The Department should include in its proposal how it will: • ensure that the updates are timely; and • provide analysis of any variances from the Spending Review baseline.
From: Public Accounts Committee, 32nd Report - The Future of the Equipment Plan (HC 716), 20 June 2025
Government response
Latest Treasury Minutes progress report to the Committee of Public Accounts on the Thirty-second Report of Session 2024-26
The government responded to the whole report on 4 June 2026 (deadline 20 August 2025).
Treasury minutes: Government response to the Committee of Public Accounts on the Thirty-second report from Session 2024-26
Published 16 September 2025.
Summary written by Accountability Index from the government's response. It is not the government's own words.The government agrees with five of the Committee's recommendations on Ukraine support, procurement reform, the Strategic Defence Review and annual reporting, and disagrees with the recommendation on detailed Defence Nuclear Enterprise cost reporting in the annual update.
- On Ukraine, the government agrees with the recommendation and states that the department will support Ukraine "for as long as it takes", expecting to provide £4.5 billion in capability support this financial year.
- It agrees to update the Committee by June 2026 on procurement lessons from Ukraine and on how procurement has improved under the National Armaments Director Group, with a target to agree key performance indicators "within the next three months".
- It agrees to turn the Strategic Defence Review into a Defence Investment Plan, to be published in the autumn, which the department "will ensure" is affordable, and says it will provide updates "as requested by the Committee".
- It disagrees on Defence Nuclear Enterprise reporting, saying it is "better" to provide the financial information within wider MOD financial reporting, and is "continuing to consider" an earlier proposal for a new scrutiny committee.