Defence and Security

Matthew Patrick Excerpts

Tuesday 25th February 2025 Commons Chamber

[The Prime Minister]

The point that the hon. Gentleman raises is important. The process is very complicated, for reasons that he will understand. Obviously we have been able to use some of the interest on those frozen assets, which has proved valuable to Ukraine, but we need to work with our European colleagues and to collaborate on other legitimate, proper ways to raise further funding, and we will continue to do that with our allies.

[Matthew Patrick (Wirral West) (Lab)]

I welcome the statement from the Prime Minister. This is a major commitment to our defence; I think it will be heard across the world and welcomed by our allies, particularly those facing Russian or Iranian aggression. How will the Prime Minister ensure that British businesses, which are so crucial to our defence, are supported in their important task?

[The Prime Minister]

That has to be done through the industrial strategy and the growth strategy that we will put in place, but it is vital that this is seen as not just a duty and responsibility, which it is, but as an opportunity for British businesses, and for well-paid, secure jobs, which are so vital to so many communities.