Defence: 2.5% GDP Spending Commitment

Lord Stirrup Excerpts

Thursday 14th November 2024 Lords Chamber

[Lord Stirrup (CB)]

My Lords, the Minister knows that defence requires 2.5% of GDP now if it is to avoid cuts in capability and will require even higher spending in future. When the men and women of our seriously underresourced Armed Forces are required to confront the increasingly perilous situation in Europe and beyond over the next decade and their lives are on the line, how much consolation does he think they will take from repeated protestations about a £22 billion black hole?

[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.