Defence: 2.5% GDP Spending Commitment

Lord Reid of Cardowan Excerpts

Thursday 14th November 2024 Lords Chamber

[Lord Coaker (Lab)]

The noble and gallant Lord raises a serious point. The Government have given a cast-iron guarantee to reach the cap of 2.5%. As he knows, I meet the forces all the time, and I would give them the reassurance that we are seeking to ensure that they have the capability they need to meet the future threats that will be identified by the defence review. We make that commitment.

[Lord Reid of Cardowan (Lab)]

Does the Minister agree that the elevation of the President-elect of the United States, who, among his many unpredictabilities, has at least one predictability—that he will insist that Europe pays more towards the defence of the West than it has done hitherto—makes it only more important that we take the lead in Europe by implementing the 2.5% at a minimum? Would that not also help us in our relationship with the incoming presidential Administration of the United States in, to put it crudely, a transactional manner?

[Lord Coaker (Lab)]

I thank my noble friend for his question. As he knows, we can say to the President of the United States that we will meet the cast-iron 2.5% commitment and will set that out in due course. We understand that European countries need to increase their defence spending; 23 of the NATO nations are now spending 2.5%, so that is a very real commitment. The American President will also be pleased to hear that this country is leading a carrier strike group into the Indo-Pacific—as we know, China is of particular interest to the incoming President as well as the current one. We will work with them to deliver that capability.