(3 weeks, 6 days ago)
Commons Chamber
Mike Martin
If we want to do that now, it would cost 3.5% of GDP—it is basically a 50% increase on our current defence budget. When we talk about £2 billion here or £5 billion there, that is peanuts. If we want to lead in the defence of the Euro-Atlantic area, we need an extra £30 billion for our defence budget now. The Government recognise the scale because they talk about 3.5%, but by 2035. If we are honest with ourselves, we think that is nonsense, because we need to be able to do it right now.
I was in Munich recently and I spoke to a lot of our allies. They all tell us that they want the UK to lead in the defence of the Euro-Atlantic area. Absent the US, we are the only country that can do that. We have the nuclear deterrent, the strategic culture, the willingness to use force, and the willingness to take casualties. The one thing we do not have is enough military capability to take that leadership position, and this estimate falls far short of what we need to spend—
Order. I call Amanda Martin, with a three-minute time limit.
(1 year, 2 months ago)
Commons Chamber