UK's Nuclear Deterrent

Julian Knight Excerpts

Monday 18th July 2016 Commons Chamber

[The Prime Minister]

I am happy to do so. If the right hon. Gentleman will allow me to finish this section of my speech, I will come on to the cost in a minute.

Britain is going to leave the European Union, but we are not leaving Europe, and we will not leave our European and NATO allies behind. Being recognised as one of the five nuclear weapons states under the nuclear non-proliferation treaty confers on us unique responsibilities, because many of the nations that signed the treaty in the 1960s did so on the understanding that they were protected by NATO’s nuclear umbrella, including the UK deterrent. Abandoning our deterrent would undermine not only our own future security, but that of our allies. That is not something that I am prepared to do.

[Julian Knight (Solihull) (Con)]

I wonder whether the Prime Minister, with her very busy schedule, caught the interview on Radio 5 Live this morning with the hon. Member for Pontypridd (Owen Smith), who stated that he was a member of CND as a teenager, but then he grew up. Is not the mature and adult view that in a world in which we have a nuclear North Korea and an expansionist Russia, we must keep our at-sea independent nuclear deterrent?

[The Prime Minister]

I absolutely agree with my hon. Friend, and I think he is right to point out that there are Opposition Members who support that view. Sadly, not many of them seem to be on the Front Bench, but perhaps my speech will change the views of some of the Front Benchers; we will see.

I said to the right hon. Member for Moray (Angus Robertson) that I would come on to the question of cost, and I want to do that now. Of course, no credible deterrent is cheap, and it is estimated that the four new submarines will cost £31 billion to build, with an additional contingency of £10 billion. With the acquisition costs spread over 35 years, this is effectively an insurance premium of 0.2% of total annual Government spending. That is 20p in every £100 for a capability that will protect our people through to the 2060s and beyond. I am very clear that our national security is worth every penny.