Defence Budget

Lord Ashdown of Norton-sub-Hamdon Excerpts

Wednesday 4th March 2015 Lords Chamber

[Lord Astor of Hever]

I can confirm that it is on the defence budget.

[Lord Ashdown of Norton-sub-Hamdon (LD)]

My Lords, before we dive overboard in pursuit of this gold-braid chorus calling for lashings of extra defence spending, can we stop for a moment to reflect? When the party of the noble Lord, Lord West, was in office, it presided over a £30 billion excess in defence expenditure, which left a black hole that this Government had to cope with. It also presided over some of the most egregious military decisions of our time, in Iraq and Afghanistan. Surely that would cause us to believe that an excessive enthusiasm in according credibility to these calls is not required at this moment.

[Lord Astor of Hever]

My noble friend mentioned the previous Government’s £30 billion defence budget. We now have a £34 billion defence budget and because it has been brought back into balance, we are able to invest in the latest military equipment in the coming decade.