Gareth Snell
Main Page: Gareth Snell (Labour (Co-op) - Stoke-on-Trent Central)Department Debates - View all Gareth Snell's debates with the Ministry of Defence
(1 day, 19 hours ago)
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Andrew Ranger (Wrexham) (Lab)
Gareth Snell (Stoke-on-Trent Central) (Lab/Co-op)
Kevin Bonavia (Stevenage) (Lab)
John Healey
We are working with the Welsh Government, Welsh industry, companies like those that my hon. Friend mentioned, and Welsh academics and universities to work out the dimensions of a Wales defence growth deal. It will be one of five growth deals backed by £250 million in this Parliament. New drone technology autonomy will be the focus of this new defence growth deal.
Gareth Snell
When the previous Government slashed defence spending by £12 billion in their first five years, it left the defence of our nation hollowed out and underfunded. Now, Stoke-on-Trent and our world-leading ceramics sector, which makes vital components for aircraft, submarines and ships, stand ready to help rebuild the defence of our nation. Can the Minister set out how the Government’s largest sustained increase in defence spending will benefit companies and create jobs in my Stoke-on-Trent constituency?
John Healey
I can indeed. My hon. Friend is right: not only is this the largest sustained increase in defence spending since the end of the cold war—spending committed by this Government—and not only are we delivering 2.5% of GDP for defence three years earlier than anyone expected, but this Government also said that we would direct more of our British defence investment directly to British-based businesses, and we are. In the last year, 86% of defence investment has gone to British-based businesses, which is 6% more in real terms than in the preceding year, under the last Government; in other words, it is an above-inflation increase.