Autumn Statement

Debate between Julian Lewis and Jeremy Hunt

Thursday 17th November 2022 Commons Chamber

[Dr Julian Lewis (New Forest East) (Con)]

I welcome what the Chancellor just said about his focus on mortgages and avoiding repossessions. On the need not to send the wrong signal about defence expenditure, I note that he skilfully linked that to a future defence review. When would that defence review come to fruition, and in the meantime will he guarantee that there would be no real decrease in defence expenditure?

[Jeremy Hunt]

I would expect my right hon. Friend to look forensically at any comment that I make about defence. I was very clear in my words, first, that the Prime Minister and I recognise the need to increase defence spending, and secondly, that the update to the integrated review needs to happen before the spring Budget. This is not pushing something into the long grass; it is making sure we get the decisions right.

Oral Answers to Questions

Debate between Julian Lewis and Jeremy Hunt

Tuesday 15th November 2022 Commons Chamber

[Dr Julian Lewis (New Forest East) (Con)]

I was encouraged by the Economic Secretary’s answer to the question from my right hon. Friend the Member for Ludlow (Philip Dunne) about mortgages. I know that the Chancellor believes that the restoration of economic stability is essential for mortgages to come under control in the future, but will he confirm that he will bring in imaginative plans to protect people who took out mortgages in good faith and now find them unaffordable?

[Jeremy Hunt]

I can absolutely give my right hon. Friend that confirmation. Indeed, I intend to meet a group of lenders later this month to discuss that very issue.

--- Later in debate ---

[Dr Julian Lewis (New Forest East) (Con)]

Given that we both agree on the need for a substantial increase in defence spending, does the Chancellor accept that any immediate, necessary freeze on it should not prejudice the goal of 3% of GDP in the medium term?

[Jeremy Hunt]

Let me just say to my right hon. Friend that he and I both agree on the vital responsibility of any Government to defend their shores and their peoples, and we are committed to doing what it takes to make sure we do that.

Economic Update

Debate between Julian Lewis and Jeremy Hunt

Monday 17th October 2022 Commons Chamber

[Jeremy Hunt]

I do not know, but I will write to the right hon. Lady.

[Dr Julian Lewis (New Forest East) (Con)]

May I warmly welcome the Chancellor’s remarks about defence and security? As it took us very many years to pay off this country’s colossal second world war debt, am I right in thinking that the huge costs of covid and Putin’s aggression in Ukraine cannot possibly be cleared completely in the short to medium term?

[Jeremy Hunt]

I wish I could answer that question. As my right hon. Friend will know better than me, this appalling saga is far from over, so we do not know what the total costs will be. I thank him for his rapid and not entirely unexpected lobbying on defence budget issues since I took up this post. I think the job of the Chancellor of the Exchequer is to make sure that our economy is strong enough to fund the role that Britain wants to play in defence of democracy and freedom all over the world.