Richard Foord
Main Page: Richard Foord (Liberal Democrat - Tiverton and Honiton)Department Debates - View all Richard Foord's debates with the Ministry of Defence
(1 year, 9 months ago)
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Mr Wallace
I took steps immediately to close the gap, if there was one, in that last year we purchased a significant number of new parachutes off the shelf. The hon. Gentleman will be aware, given his interest in airborne forces, that both the German and French air forces have on numerous occasions jumped out of A400s, and it is odd that we have not yet done that, so that is not the reason why this matter has not progressed. We are making sure that we have the right equipment and the right training for pilots. We are on track to do that, but I will give him an update. Just like him, I think it is incredibly important that the RAF gets on and does this.
Richard Foord (Tiverton and Honiton) (LD)
House of Commons Library analysis forecasts that Ministry of Defence day-to-day spending will be cut by 5.5% in real terms by 2024-25. Can the Secretary of State confirm that this amounts to a real-terms cut of £1.7 billion over the next three years?
Mr Wallace
I welcome the hon. Gentleman to the House. I would also like to pay tribute to his predecessor as the defence spokesman for the Liberal Democrats, the hon. Member for Caithness, Sutherland and Easter Ross (Jamie Stone). We served in the Scottish Parliament together, and he will be missed from this brief.
On the point made by the hon. Member for Tiverton and Honiton (Richard Foord), I think that is based on the new inflation rate. When we got our defence spending in the comprehensive spending review, the GDP deflator was at 1.5%. As a result, we have been compensated by the Treasury in the short term for inflationary pressures, but that will not show in the core budget until after the accounts are in. However, he is right to point out that inflationary pressures on a budget such as ours, with huge amounts of capital, will have an impact. We are taking steps to try to mitigate that, and I am looking forward to engaging with the new Prime Minister to make sure we get that mitigation.