(5 days, 19 hours ago)
Lords ChamberThe noble Lord’s words are wise ones and are taken on board entirely. I used to represent a constituency that had a defence industry, and I was proud to be the MP of that area. The simple fact that we are announcing an increase in defence spending, and the words the Prime Minister used, show that we are committed to the industry. There is an economic impact from this on the country as a whole, and we should recognise that. I assure the noble Lord that we will show that leadership, as required.
I welcome the Prime Minister’s Statement and his commitment to increasing defence spending. The clarity with which he has approached this is encouraging and is good for our long-term security. However, making sure that peace in Europe is not eroded again, as it has been eroded in Ukraine, is crucial.
The western Balkans is currently in the worst possible security crisis since the end of the war in 1995. With that in mind, will the Government consider rejoining Operation Althea? At the moment, our deterrent is both weak and insufficient.
I thank the noble Baroness for her comments. She is absolutely right, and we accept that. We are currently working with key allies on that area. My noble friend may have something more to say on that at another point, but I entirely take the point she makes.