Integrated Review Refresh

Richard Foord Excerpts
Monday 13th March 2023

(1 year, 7 months ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Richard Foord Portrait Richard Foord (Tiverton and Honiton) (LD)
- View Speech - Hansard - -

The 2015 strategic defence and security review estimated that the Dreadnought acquisition programme was

“likely to cost a total of £31 billion…including inflation”.

We have learned in the past week that the programme remains within budget. However, the SDSR set a contingency of £10 billion. How much of that £10 billion contingency is being used on Dreadnought? Is the £3 billion announced today for nuclear separate from that £10 billion?

James Cleverly Portrait James Cleverly
- View Speech - Hansard - - - Excerpts

Future expenditure will be set out in more detail by my right hon. Friend the Chancellor of the Exchequer, as I have said, and the ways in which the Defence Secretary will spend the money allocated to him will be set out by Defence Ministers. I have to say that I am still completely lost as to what the Lib Dems’ defence posture is. When I look back on our time in government together, I certainly cannot help thinking that if we had not had the sea anchor of the Lib Dems in coalition, we would have progressed much more quickly in securing the defence of this country.