Lord Walney
Main Page: Lord Walney (Crossbench - Life peer)Department Debates - View all Lord Walney's debates with the Cabinet Office
(10 years ago)
Commons ChamberWe have set out our plans for this Parliament, and we will have to set out our plans for the years ahead at the next election. As I said, we have maintained a £33 billion defence budget—one of the top five in the world. The most important message for the Baltic states is that they are full members of NATO. I think they are very grateful for that when they see the destabilisation that is taking place in other parts of the world. We need to guarantee to them that being full members of NATO means just that.
Does the need for these measures signal that the United Kingdom’s budget deficit will take even longer to clear?
We have set out our plans in Budget and autumn statements, we have cut the budget deficit by a third, and we will be setting out the figures later in the month in the normal way.