Stephen Lloyd
Main Page: Stephen Lloyd (Liberal Democrat - Eastbourne)Department Debates - View all Stephen Lloyd's debates with the HM Treasury
(11 years, 4 months ago)
Commons ChamberThank you, Madam Deputy Speaker. I await the examination of the report by the right hon. and learned Member for North East Fife and his justification of his comments over the past few years on this subject.
The standards that we set in this area are important not just in terms of cost. I know that the Opposition and the Government are conscious of the need to ensure that we not only get value for money, but we have a—
I thank the hon. Gentleman for giving way. Given that he is suggesting that we should retain a like-for-like deterrent, what cuts to conventional services is the Labour party proposing? Would it cut the destroyers or the joint strike aircraft?
Oh my God! Sorry, Madam Deputy Speaker, but I am getting a bit frustrated with these people who clearly do not know what they are talking about. If the hon. Gentleman looks at the equipment programme, he will see that the deterrent is in there now. He and his colleagues are peddling the nonsense that we can have either Trident or something else in the defence budget. Is he suggesting that if we cut Trident, the money would be ring-fenced for defence? That would be the first time that the Liberal Democrats have been proactive in support of defence matters.
The alternatives review has discredited the alternatives completely and exposed the reckless policy of the Liberal Democrats on this issue. We await the clear examination of their policy at the Liberal Democrat party conference, where they will no doubt look both ways—portraying themselves as unilateralists while at the same time arguing that they are strong on the nuclear defence of this country.