Ministry of Defence: Equipment Plan

Lord Craig of Radley Excerpts

Thursday 7th December 2023 Lords Chamber

[The Earl of Minto (Con)]

My Lords, I agree with much of what the noble Lord has said. One of the key points about the NAO report is that it does not reflect the aspiration to increase defence spending to 2.5% of GDP when economic and fiscal conditions allow. If one puts that back in, it obviously completely changes the finances.

On the question of consistency, I am in entire agreement. I am very new in this role. I have looked at budgets for the last 40 years and I have never seen a budget that resembles anything like this one, and that is not just the absolute figures. The way in which it is constructed means that it is very difficult to get to exactly the way in which the money moves around. That is something that I commit to the House that I will learn and then lose not much more sleep over.

[Lord Craig of Radley (CB)]

My Lords, can the Minister confirm that none of the cost of the equipment provided to the Government of Ukraine has been or will be met from the defence budget, and that that will include any restocking of war stocks that have been gifted to Ukraine?

[The Earl of Minto (Con)]

My Lords, I thank the noble and gallant Lord for that question. I can confirm that all equipment gifted to Ukraine is well without these figures. Your Lordships will know that, as well as the £5 billion that was granted by the Chancellor, an additional nearly £0.5 billion was given to restock the stockpiles that are required.