Spring Statement Debate

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Department: HM Treasury
Wednesday 26th March 2025

(6 days, 12 hours ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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I thank the hon. Gentleman for his question, and look forward to taking more questions from him at the Treasury Committee next week. When I visit defence companies or meet our armed forces, they tell me about the amazing abilities of new technology and innovation to help them to better do their jobs and keep our country safe. As we invest more in defence and get to 2.5% of GDP, it is absolutely right, as I have set out today, that more of that money is used for innovation, R&D and new technologies.

Zubir Ahmed Portrait Dr Zubir Ahmed (Glasgow South West) (Lab)
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I congratulate my right hon. Friend on grasping the challenges and opportunities that this new world presents us with. Those opportunities will mean that, in my constituency of Glasgow South West, there will be more investment in the defence sector, which is timely, because after 18 years of SNP Government, one in six people in my constituency is economically inactive. Does she agree that this investment will finally raise their ambitions and their pay packets?

Rachel Reeves Portrait Rachel Reeves
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Unlike the SNP, Labour supports investment and jobs in the defence sector in Scotland, which, in turn, supports people in Glasgow South West and across Scotland. There will be more good jobs for young people—more jobs paying decent wages— that will keep our country safe. That is what this party believes in. It is a shame that the SNP believes in something entirely different.