Oral Answers to Questions

Bobby Dean Excerpts

Monday 2nd February 2026 Commons Chamber

[Louise Sandher-Jones]

I note the service of the hon. Lady’s brother. As she well knows, this Government are bringing in real protections for veterans, and if she wishes to support legislation that gives blanket immunity to terrorists, that is of course her prerogative.

[Bobby Dean (Carshalton and Wallington) (LD)]

12. What assessment he has made of the potential impact of research and development defence spending on the economy.

[The Minister for Defence Readiness and Industry (Luke Pollard)]

To deter and defeat aggression, this Government are investing in innovation in the latest capabilities for our forces. R&D is critical to maximising defence ability to be an engine for growth. It is this Government who have ensured that 10% of our equipment plan must be spent on novel technologies, and we have introduced a £400 million defence innovation fund.

[Bobby Dean]

The Minister will know that investment in defence R&D has tremendous impacts on the UK economy, not only through jobs and crowding in private investment, but through the spill-over effects of new technologies helping Britain to prosper. Is it therefore not clear that if the Government were to issue defence hypothecated bonds, that would make a brilliant return for the British taxpayer too?

[Luke Pollard]

The hon. Member is absolutely right to say that defence innovation has considerable positive spill-over effects for the wider economy. That is one of the reasons why this Government are investing in technologies that have dual use potential—not just to give our fighting forces the equipment they need but to provide benefits for the wider economy. He will have heard what the Secretary of State set out on defence spending, but I welcome his support for defence innovation and investment in R&D.