Trident Renewal

Debate between Marcus Jones and Jonathan Edwards

Tuesday 20th January 2015 Commons Chamber

[Jonathan Edwards]

I am grateful for that intervention. That has been one of the highlights of the debate, and it is why it is so important that Plaid Cymru, the Green party and the SNP have brought this debate to the House. As I say, Trident renewal will be the biggest spending decision made by the next Parliament, yet the UK Government have no idea of the lifetime costs of the project, despite work done by CND and others.

Let me outline further how some of the £100 billion to be spent on Trident renewal could be spent instead. Although the cost of building homes varies throughout the UK, the average cost is around £150,000. That means that the Government, in partnership with local authorities, housing associations and others, could build up to 650,000 new affordable homes. Of course, home building, where it is needed, would stimulate the economy in ways that simply ploughing £100 billion into nuclear weapons would not. For the money spent investing in housing in that way, the Treasury would benefit from higher-value employment, reducing expenditure on in-work and out-of-work benefits, and the investment would help to ease the UK’s acute housing crisis, as the CND so ably demonstrated in its “People not Trident” document.

In terms of education, investing roughly a quarter of the amount earmarked for Trident would result in a fivefold return on investment. In its regular publication, “Education at a Glance”, the OECD demonstrated that for every £1 invested in higher education by the UK Government, the return is £5 over the working life of the graduate. This arises from higher tax revenues and lower outlays resulting from reduced unemployment. As the OECD said, investment in education boosts jobs and tax revenues.

The alternatives are there. Plaid Cymru has long supported investment in infrastructure and public services as a means of reducing the deficit over the long term.

[Mr Marcus Jones]

I understand what the hon. Gentleman says about all the things that he would like the money to be spent on instead of Trident, but is that not all based on the assumption that we are still going to be here and a potential aggressor has not unloaded its nuclear weapons arsenal on to us because we had no deterrent?

[Jonathan Edwards]

I thank the hon. Gentleman for that intervention, which brings me to the next part of my speech—the defence and security justifications for Trident renewal. Again, the arguments do not properly stack up. If the UK did not already possess nuclear weapons and I were to stand here today and argue for us to spend £100 billion on them, I do not believe anyone would support me. Trident is not an independent deterrent. The software, hardware and expertise are all provided by the US. Indeed, the UK could not fire Trident, heaven forbid, without the permission of the US. Supporters of Trident renewal will say that the world is a dangerous place, and that spending £100 billion on nuclear weapons offers peace of mind. “The first duty of Government is the security of its people, and the world is a dangerous and unpredictable place,” they will say. “Nuclear weapons are the ultimate insurance policy.”

Those are both arguments that we have heard during today’s debate. Yet this line of argument ignores the current strategic security challenges that the UK faces, and spending £100 billion on nuclear weapons is a dereliction of duty in the face of those challenges. In addition, to describe nuclear weapons as an insurance policy is an odd turn of phrase, given that insurance policies are designed to pay out after an undesirable event has taken place, not to prevent it from happening in the first place. If nuclear weapons were ever used, the consequences would be catastrophic.