Fiscal Policy: Defence Spending Debate

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Department: Ministry of Defence

Fiscal Policy: Defence Spending

Jacob Collier Excerpts
Monday 27th January 2025

(3 days, 23 hours ago)

Commons Chamber
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Luke Pollard Portrait Luke Pollard
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The hon. Gentleman invites me to make the announcement that I am saying will come in the spring. To answer his concerns, I point him to the fact that the path to 2.5% will be set out in the spring.

Jacob Collier Portrait Jacob Collier (Burton and Uttoxeter) (Lab)
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During my recent visit to Britannia Royal Naval College with the armed forces parliamentary scheme, I saw the vital role that investment in defence plays in supporting our armed forces and creating skilled jobs. Does the Minister agree that unlike the Conservatives’ inconsistent defence strategy, this Labour Government’s £9 billion investment in Rolls-Royce shows a clear commitment to strengthening our national security and growing our economy?

Luke Pollard Portrait Luke Pollard
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The armed forces parliamentary scheme is a brilliant scheme that introduces Members across this House to the important work done by our armed forces. As a Navy brat myself and the proud MP for Devonport in Plymouth, I know the importance of a strong Royal Navy, Royal Marines and Royal Fleet Auxiliary. The £9 billion announcement last week is an important part of securing our nuclear future, backing jobs across the country and supporting jobs across the entire supply chain—it makes Britain stronger.