Strategic Priorities Statement: Defence Debate

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Department: HM Treasury

Strategic Priorities Statement: Defence

Lord Foulkes of Cumnock Excerpts
Tuesday 25th March 2025

(6 days, 22 hours ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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I can absolutely confirm that all National Wealth Fund spending will be within the fiscal rules.

Lord Foulkes of Cumnock Portrait Lord Foulkes of Cumnock (Lab Co-op)
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My Lords, is the Minister perplexed, like me, by the negativity coming from the Benches opposite? As well as many tens of billions of pounds in the National Wealth Fund, our Government have given billions to infected blood compensation, and next month we will get the triple lock on pensions. Those are three tremendous steps forward. Can the Minister urge the Chancellor to be just a little more upbeat tomorrow?

Lord Livermore Portrait Lord Livermore (Lab)
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I will absolutely pass that on to the Chancellor.