Wednesday 14th January 2026

(1 day, 20 hours ago)

Commons Chamber
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Chris Coghlan Portrait Chris Coghlan (Dorking and Horley) (LD)
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Last year in Ukraine, a Ukrainian MP told me that her husband had served on the frontline for eight years. She asked me if, in the event of a peace agreement, I would support British ground troops. I have, of course, questions about British ground troops, but I said that I would and that I am also potentially liable to serve myself. As a reservist soldier, I am proud to be under the same obligations to serve as any British soldier, because we live in times of enormous peril and we have a responsibility to lead.

We are threatened in the east by dictators and in the west by autocrats. Indeed, it is an open question whether liberal democracy will succeed in this century as it did in the last. Ukraine has been bearing the brunt of that fight and its sacrifice has bought us time. Ukraine still has a credible path to a just peace. European NATO GDP alone is 10 times the size of Russia’s, yet Russia has been spending $40 billion a year more than Ukraine and her western allies on the war in Ukraine. If we closed and exceeded that gap today, by seizing the $300 billion in frozen Russian assets, then not only could Ukraine secure a just peace, but we would deter Putin from crashing into eastern Europe and testing article 5.

With President Trump disgracefully threatening NATO allies as well, smaller democracies must ensure that we are economically and militarily strong enough to defend ourselves together. It is the example of the United States, a country that I love, that can show us how. In the 1940s, refugees fled from the Nazis to the United States. They built the atomic bomb and they won the war. In the process, they developed a method of public research and development that academics now acknowledge has powered US technological and economic dominance ever since.

The Chancellor has recognised that. In the spring statement, she used the £2.2 billion increase in defence research and development to upgrade long-term UK GDP growth by £11 billion a year. The current and former Presidents of the European Central Bank called on Europe to borrow to invest in defence research and development not only to deter Russia, but to lift Europe out of the economic stagnation that has held back the continent and the United Kingdom since the financial crash in 2008. We can do this too.

President Reagan described America as a beacon. Sadly, it appears that that light is now fading, but I believe it has burnt long enough for other democracies to see it. Now, it is up to us, the smaller democracies, to ensure that we are also humanity’s best last hope.