(6 months, 2 weeks ago)
Lords ChamberMy Lords, the benefit of hindsight is wonderful. At the time, in 1996, when the deal was done with Annington—originally with Terra Firma and then with Annington—it was considered a perfectly acceptable deal in the prevailing conditions. In retrospect, of course, property values have risen hugely. I am sure noble Lords will know that a number of cases are going through the courts about enfranchisement, about which of course I cannot comment.
My Lords, as someone who from time to time has occasion to stay in military accommodation at various camps, my observation is that standards have not kept pace with changing expectations—what was deemed acceptable in the 1970s and 1980s is no longer. This has a serious effect on the ability to recruit to the Armed Forces. Does my noble friend not agree that this is yet one more reason to increase defence spending without delay?
My Lords, my noble friend makes a very good point. One justification for the increase in defence spending we announced recently was to continue to invest in accommodation and bring it up to current acceptable standards. One has only to think back 20 or 30 years to what was an acceptable standard then, to realise that now we are in a very different world.