Nuclear Deterrent

Lord Cormack Excerpts

Wednesday 18th May 2011 Lords Chamber

[Lord Astor of Hever]

My Lords, the figures of £11 billion to £14 billion are quotations at 2006-07 prices, and therefore do not include inflation. This equates to £20 billion to £25 billion at outturn prices. It is a very complicated issue and I would be happy to write to my noble friend in order to set it out clearly.

[Lord Cormack]

My Lords, I listened with some concern to what my noble friend said about the alternative study. Can he give the House an absolute and unequivocal assurance that the policy will be in no sense on hold while that study is completed? Can he also give the House an assurance that if the study results in the sort of outcome that he forecasts and which I would forecast, our Liberal Democrat colleagues in the coalition will then withdraw their opposition to the nuclear deterrent?

[Lord Astor of Hever]

My Lords, I can confirm that nothing is on hold at the moment. We are spending money to make our policy good, but we are in a coalition. We have made an agreement with our coalition partners and we have to stick by it.