Strategic Priorities Statement: Defence Debate

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Department: HM Treasury

Strategic Priorities Statement: Defence

Baroness McIntosh of Pickering Excerpts
Tuesday 25th March 2025

(4 days, 15 hours ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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I am very happy to say that, as the noble Lord knows, this Government plan increase defence expenditure to 2.5% by the end of the Parliament. However, it is not for me to set out today exactly how that will be spent.

Baroness McIntosh of Pickering Portrait Baroness McIntosh of Pickering (Con)
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The Minister referred in his first Answer to the role of Great British Energy in delivering clean energy. How will the Government achieve that if the budget for GB Energy is reduced in the forthcoming spending review?

Lord Livermore Portrait Lord Livermore (Lab)
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The noble Baroness said “if”, and I do not in any way accept that. She should wait for the spending review to see what will happen.