Fiscal Policy: Defence Spending Debate

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Department: Ministry of Defence

Fiscal Policy: Defence Spending

Calvin Bailey Excerpts
Monday 27th January 2025

(3 days, 17 hours ago)

Commons Chamber
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Luke Pollard Portrait Luke Pollard
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The right hon. Gentleman is certainly right that the forces were hollowed out and underfunded, which we are seeking to address by increasing defence spending. We have provided £3 billion in the Budget and the path to moving from 2.3% to 2.5% will be laid out in the spring. The SDR will set out what capabilities we need to have to meet the threat environment, against that pathway to spending 2.5% of GDP on defence.

Calvin Bailey Portrait Mr Calvin Bailey (Leyton and Wanstead) (Lab)
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The last Conservative Government did not spend 2.5 % of GDP on defence at any point during their 14 years of power. Unfortunately, the increase that will come will have to address a lot of the damage that that Government did to our Army, our Navy and our Air Force. Does the Minister agree that it takes a Labour Government to deliver those spending commitments?

Luke Pollard Portrait Luke Pollard
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It is certainly true that the last time this country spent 2.5% of GDP on defence was under a Labour Government. The Tories cut defence spending as a percentage of GDP over their time in power. It is important that the strategic defence review wins cross-party support when published. I hope that the shadow Defence Secretary will be able to offer the Government a common position, so that what is published will be not just Labour’s defence strategy but Britain’s defence strategy, and we can be strong at home as well as secure abroad.