Ministry of Defence: Equipment Plan
Debate between Baroness Garden of Frognal and Earl of Minto(4 months, 3 weeks ago)
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The Earl of Minto (Con)
My Lords, it is a great honour to answer a question from my predecessor. She is absolutely right: we are looking at a 10-year timeframe and only 25% of expenditure is committed. We have a contingency budget in there of more than £4 billion.
Baroness Garden of Frognal (LD)
My Lords, the equipment plan bandies around some interesting figures: the noble Lord, Lord Coaker, mentioned £16.9 billion, while I picked up £7.6 billion and £29.8 billion—obviously, precision is our watchword. The noble and gallant Lord, Lord Stirrup, picked up the very alarming word “Unknown” for the costs and, where they are known, they are deemed to be “unaffordable”. This is not a good projection. Can the Minister project a rather more accurate estimate of the financial cost? In particular, how does the MoD intend to meet the acute skills shortage gap? Without the skills, our brave military personnel are going to be lost.
The Earl of Minto (Con)
The noble Baroness makes a good point. In fact, there is considerable investment in skills—particularly in the areas of nuclear and shipbuilding—within these figures, all of which are costed. She is absolutely right that the skills gap that the industry is facing is entirely being funded and down to government.