From the Spectator today, who have a good grip on these things. It does not bode well for defence spending:
During the Tory leadership race, Sunak refused to pledge as much as Truss on defence, with the former prime minister promising to spend 3 per cent of GDP on defence by 2030. When Sunak succeeded Truss, he watered this down – but has vowed to boost funding to 2.5 per cent of GDP in the long term. The worry among Sunak allies was that the wrong candidate could start to lobby for spending commitments the Treasury would struggle to match. Shapps is likely to play ball. More immediately, Shapps will have to deal with the UK’s depleted military supplies – with much of it having been sent to Ukraine.