Lord Blunkett
Main Page: Lord Blunkett (Labour - Life peer)Department Debates - View all Lord Blunkett's debates with the HM Treasury
(1 day, 3 hours ago)
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Lord Livermore (Lab)
I know that the noble Lord thinks that his question is terribly clever, but it is perfectly possible for the Government to have ongoing priorities and for there to be specific priorities for this Budget. Those two things are not in any way contradictory. He will see what we have to say about defence in the Budget tomorrow; likewise, he will see what we have to say about the NHS, growing the economy and the cost of living.
Lord Blunkett (Lab)
Does my noble friend agree that the investment in Sheffield Forgemasters, and through BAE Systems in other aspects of defence procurement in Sheffield, has substantially improved the growth prospects, job prospects and prosperity of the people of my city?
Lord Livermore (Lab)
I 100% agree with my noble friend. Defence spending and growth go hand in hand. We will see far higher levels of growth in our economy as a result of the investment we are putting into our defence industry and increasing the security of our country.