Strategic Defence Review

Alex Baker Excerpts

Monday 2nd June 2025 Commons Chamber

[John Healey]

The strategic defence review sets out a vision and framework for decisions over the next 10 years and beyond. It can be delivered only because of the historic increase in defence spending—the largest since the end of the cold war—that this Government have made. That is the basis on which we will make our decisions, and on which we will deliver the SDR’s recommendations.

[Alex Baker (Aldershot) (Lab)]

It is a proud day for us in the home of the British Army: Labour is investing more in defence—and more than we saw in 14 years of Tory Governments. It is clear that we need more innovative financing solutions to support the new defence technologies mentioned in the SDR, such as the technologies being developed at Cody business park in Farnborough, which I visited this morning. Will the Secretary of State support my campaign for a multilateral defence, security and resilience bank to help power more investment, jobs and opportunities in Aldershot, Farnborough and right across the country?

[John Healey]

My hon. Friend is proud of the Government and of the SDR, and we are proud of her—the first Labour MP ever for the town of Aldershot, home of the British Army. She serves that community and the Army with great distinction. She is also doing extremely valuable work on how we match the significant increase in taxpayers’ investment in our defence with more private sources of investment. I have been following her work in developing those ideas, and am looking at them closely; I know that my right hon. Friend the Chancellor is, too.