VoteClimate: Baseline Profit Rate 2022-23: Single Source Defence Contracts - 28th March 2022

Baseline Profit Rate 2022-23: Single Source Defence Contracts - 28th March 2022

Here are the climate-related sections of speeches by MPs during the Commons debate Baseline Profit Rate 2022-23: Single Source Defence Contracts.

Full text: https://hansard.parliament.uk/Commons/2022-03-28/debates/22032820000014/BaselineProfitRate2022-23SingleSourceDefenceContracts

The Minister for Defence Procurement (Jeremy Quin)

Last year I introduced a net zero Baseline Profit Rate for Government-to-Government Contracts. The SSRO has incorporated this into their recommendation this year. I have accepted this recommendation. I am also announcing that I am accepting the SSRO recommendation for their funding adjustment. Neither of these figures are significantly affected by wider economic factors.

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