Armed Forces: Investment Debate

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Department: Ministry of Defence
Monday 22nd January 2018

(6 years, 10 months ago)

Lords Chamber
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Earl Howe Portrait Earl Howe
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My Lords, the Government always wish their decisions to have maximum transparency but national security considerations may override that.

Lord Robathan Portrait Lord Robathan (Con)
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My Lords, my noble friend, for whom I have very great respect, talks about raising defence spending by 0.5% above inflation but the fall in the value of sterling has negated this completely. In addition, the situation has changed so much, particularly with regard to Russia, but we could also mention North Korea, Daesh and whomsoever one wishes. The situation has changed so completely that a lot of people in this House, the other place and indeed the country are hugely concerned about defence.

Earl Howe Portrait Earl Howe
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My Lords, I am fully aware of that fact.