Luke Charters
Main Page: Luke Charters (Labour - York Outer)Department Debates - View all Luke Charters's debates with the Ministry of Defence
(1 day, 10 hours ago)
Commons ChamberMy hon. Friend is absolutely right. We have swept away some of the long-standing rules that got in the way of people being recruited into the forces. There is no shortage of those who want to join, including young people, but the system has too often been too slow and bureaucratic, and it has raised unnecessary barriers to getting a range of talent into our armed forces for the future.
Mr Luke Charters (York Outer) (Lab)
I welcome my right hon. Friend’s comments about the defence investment plan, and his leadership on increased defence spending. Does he agree that a defence finance and investment strategy is key to unlocking the capital that firms across the supply chain need, if they are to deliver for the DIP? Will he therefore update the House on when the DFIS will be published?
I agree that the strategy is key; my hon. Friend is entirely right. This capital is matched by the biggest increase in defence spending from public investment and the public purse since the end of the cold war. We are ensuring that it leverages in not just additional sources of private investment, but record foreign direct investment. We have had £3.2 billion into this country since the election, and have had the most successful British exports year on record, winning fresh business, fresh contracts and fresh opportunities for British innovators and businesses.