Oral Answers to Questions

Debate between John Healey and Alex Baker

Monday 18th November 2024 Commons Chamber

[John Healey]

The Chancellor set out in her Budget on 30 October the steps we are taking, across Government, to deal with the £22 billion in-year deficit that this Government inherited. On the commitment to 2.5% of GDP, the Chief Secretary to the Treasury has made it clear that we will set that path in the spring. I remind the House that the Prime Minister said at the NATO summit in Washington, back in July, that it was a question of the strategic defence review first, then the commitment and the path to 2.5%.

[Alex Baker (Aldershot) (Lab)]

My constituency is home to many small and medium-sized enterprises that contribute to our UK defence sector. What steps are the Government taking to ensure that submissions from SMEs to the strategic defence review are given equal weighting and consideration compared with submissions from prime contractors, in order to support innovation, job creation and competition within the UK defence sector?

[John Healey]

My hon. Friend is absolutely right. The shadow Defence Secretary will recognise the role that small, medium and growing companies can play in our defence and security sector better than anyone else in the House. That is one reason why, within days of getting this job, I did not just meet the big, leading defence companies; I had a similar meeting and briefing on the approach this Government will take with small and medium-sized companies, including growing companies, in the defence sector. Such companies will be an important focus for the strategic defence review, as the reforms and the long-term industrial strategy required to deliver stronger defences for this country are considered.