Lord Craig of Radley
Main Page: Lord Craig of Radley (Crossbench - Life peer)Department Debates - View all Lord Craig of Radley's debates with the Ministry of Defence
(9 years, 5 months ago)
Lords ChamberMy Lords, I will take the noble Lord’s suggestion back to my department and it will pass it on, but we will meet the 2% target this year and next. Decisions on defence spending will then be made in the next spending review. However, the Prime Minister is clear that there will be an annual 1% real terms increase in spending on defence equipment. We are committed to ensuring that Britain’s Armed Forces remain among the most advanced and capable, able to protect our security interests across the globe.
My Lords, the Minister mentioned the Government’s commitment to a 1% increase on equipment, but he did not make it clear whether this would be a 1% increase on the defence budget. Perhaps he could do that now.