Defence: 2.5% GDP Spending Commitment Debate

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Department: Ministry of Defence

Defence: 2.5% GDP Spending Commitment

Tim Roca Excerpts
Monday 11th November 2024

(1 week, 3 days ago)

Commons Chamber
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John Healey Portrait John Healey
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The hon. Gentleman has been consistent in his arguments, and I welcome his contribution. The Treasury will have noted it, and will probably take it as an early representation for the next Budget. In the meantime, I will ensure that the strategic defence review starts with the threats that we face: war in Europe, conflict in the middle east and growing threats globally, as well as Russian aggression more widely beyond Ukraine. We will ensure that we are able to match the capabilities that we develop with the threats that we face, and we will do so within the resources that we have available.

Tim Roca Portrait Tim Roca (Macclesfield) (Lab)
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My hon. Friend the Member for Chesterfield (Mr Perkins) made the important point that the new Government inherited £167 billion-worth of projects, none of which were rated green by the National Audit Office. Does the Secretary of State agree that more money is one part of the equation, but spending it well is the other part?

John Healey Portrait John Healey
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Indeed; that is one reason why, early doors in Washington, the Prime Minister not only reaffirmed our iron-clad commitment to increasing defence spending to 2.5% but said that the strategic defence review comes first, as a pathway to 2.5%. That is exactly so that we can ensure that we increase what we spend, but also spend it better.