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Written Question
Defence: Finance
Friday 24th May 2024

Asked by: Baroness Anderson of Stoke-on-Trent (Labour - Life peer)

Question to the HM Treasury:

To ask His Majesty's Government whether their commitment to spend 2.5 per cent of gross domestic product on defence by 2030 has been incorporated into the Treasury’s baseline budgets.

Answered by Baroness Vere of Norbiton

The Prime Minister recently set out our pledge: to increase defence spending to 2.5% of GDP by 2030. That increase starts immediately, rising each year, and will see defence spending rise to £87 billion a year by 2030/31. This is the biggest strengthening of our defence since the Cold War.

The commitment will be fully funded, with no increases in borrowing or debt.

Written Question
Government Departments: Research
Thursday 23rd May 2024

Asked by: Baroness Anderson of Stoke-on-Trent (Labour - Life peer)

Question to the HM Treasury:

To ask His Majesty's Government what is the break-down of the planned cuts to be made to each government department's research and development budget to help fund the commitment to spend 2.5 per cent of gross domestic product on defence by 2030.

Answered by Baroness Vere of Norbiton

We have committed to increase government R&D spending by £2 billion, from £20 billion in 2024-25 to £22 billion in the next Parliament.

Speech in Commons Chamber - Tue 09 Apr 2019
Oral Answers to Questions

"On Thursday last week, one of my oldest manufacturing companies, Dudson, went into administration. The average length of service is over 20 years, and we now have huge concerns about the pension scheme, as we do about everything else to do with the administration—there is no money left even for …..."
Baroness Anderson of Stoke-on-Trent - View Speech

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Speech in Commons Chamber - Thu 28 Mar 2019
Beer Taxation and Pubs

"I congratulate my friend, the chairman of the APPG on beer, the hon. Member for Dudley South (Mike Wood). It is an honour to serve as his deputy and as the Labour lead in the House on the issue of beer.

I must declare an interest—not one in the register—in …..."
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Speech in Commons Chamber - Thu 28 Mar 2019
Beer Taxation and Pubs

"I think I am going to be heckled throughout by my hon. Friend and neighbour.

Titanic has benefited hugely from small brewer’s relief, which I will touch on in a moment. First, I would like to put on record my thanks to Keith and Dave Bott not only for the …..."
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View all Baroness Anderson of Stoke-on-Trent (Lab - Life peer) contributions to the debate on: Beer Taxation and Pubs
Speech in Commons Chamber - Thu 28 Mar 2019
Beer Taxation and Pubs

"There is a huge opportunity for us to debate the benefits of off-licence versus on-licence, the support that people get when they enter a pub and the responsibilities of the landlord. That is especially the case when we talk about loneliness...."
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Speech in Commons Chamber - Thu 28 Mar 2019
Beer Taxation and Pubs

"I thank my friend for his intervention. I think a pint of Steerage from the Titanic brewery will definitely help him live longer.

Pubs bring everyone together in the community. Whether it is fundraising for local charities, increasing awareness of illnesses or just everyone coming together on a Sunday evening, …..."
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Speech in Commons Chamber - Thu 28 Mar 2019
Beer Taxation and Pubs

"I will touch on taxation in a moment.

I want to talk about the role of pubs in British culture and society, because they are a core part of who we are. People enjoy coming to the UK for tourism—an issue that we need to discuss even more as we …..."
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Speech in Commons Chamber - Thu 28 Mar 2019
Beer Taxation and Pubs

"I am afraid that I have run out of time for interventions.

As my hon. Friend the Member for Sheffield, Heeley (Louise Haigh) said, there are some stark figures about the impact of taxation on the sector that we need to acknowledge. Amazon UK paid £4.5 million in corporation tax …..."
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Speech in Commons Chamber - Thu 28 Mar 2019
Beer Taxation and Pubs

"My hon. Friend has touched on the fact that there are differential duties. Does he agree that it is ludicrous that there is still, in effect, a subsidy for cider producers whose products contain high levels of alcohol, when that is not the case for beer? There needs to be …..."
Baroness Anderson of Stoke-on-Trent - View Speech

View all Baroness Anderson of Stoke-on-Trent (Lab - Life peer) contributions to the debate on: Beer Taxation and Pubs