Andrew Murrison
Main Page: Andrew Murrison (Conservative - South West Wiltshire)Department Debates - View all Andrew Murrison's debates with the Ministry of Defence
(1 day, 19 hours ago)
Commons ChamberThe right hon. Gentleman is right to point to the recent record—the 14 years of hollowing out and underfunding of Britain’s armed forces that my hon. Friend the Member for Stoke-on-Trent Central (Gareth Snell) mentioned. I am proud of this Government’s investment of an extra £5 billion in defence in the first year, and our commitment to reach 2.5% of GDP by 2027. Our ambition is to reach 3% in the next Parliament, and alongside 31 NATO allies, we have signed up to spending 5% by 2035 on core defence and security, including national security.
Most of our allies and our industrial competitors have a system of offsetting to support their domestic defence capability, economy and jobs, and traditionally this country has had global by default. When will we see the detail in the defence industrial strategy that states that the Government intend to bring forward a programme of offsetting to match our competitors?
I am interested to hear that observation from the right hon. Gentleman, who of course was a Defence Minister for several of the 14 years during which his Government never moved to introduce any sort of offsetting policy. We are consulting on that now. We think offsetting has an important role to play in Britain’s future and the future of British industry. The consultation closes in the new year, and we aim to make announcements soon thereafter.