Oral Answers to Questions

Tom Brake Excerpts

Monday 9th July 2018 Commons Chamber

[Mark Lancaster]

Indeed, as a serving reservist for some 30 years, I hope there is no greater champion of reserves in the House, but my hon. Friend makes an important point. We should celebrate reserves not just on Reserves Day, but almost every day of the year. To that end, we are looking carefully at other opportunities.

[Tom Brake (Carshalton and Wallington) (LD)]

T4. Much equipment is bought in dollars and the value of the pound has fallen since the EU referendum. How much less equipment have the Government been able to buy in dollars, and how will the shortfall be filled?

[The Parliamentary Under-Secretary of State for Defence (Guto Bebb)]

The right hon. Gentleman should be aware that, like every other Department, the MOD hedges to ensure that we are not affected by currency fluctuations. Indeed, changes since the start of the year have been beneficial. At this point in time, the effect will be minimal.