Budget Resolutions

Chris Leslie Excerpts
Monday 13th March 2017

(7 years, 1 month ago)

Commons Chamber
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Boris Johnson Portrait Boris Johnson
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If Labour Members will allow me, I shall say a couple more sentences.

The first of the conditions that are essential for the prosperity of global Britain is security. Unlike the Labour party, whose idea of a nuclear deterrent is to send our submarines to sea without a nuclear missile aboard so that the whole nation is literally firing blanks, this Government see the vital importance of maintaining our defences. This Budget therefore provides once again for the United Kingdom to set an example to our European partners by spending 2% of our GDP on our armed forces, thereby giving vital credibility to NATO, which of course serves as the guarantor of the security of all our major trading partners on either side of the Atlantic.

Chris Leslie Portrait Chris Leslie (Nottingham East) (Lab/Co-op)
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On the point about our trading relationships, at the weekend, the right hon. Gentleman said that it would be perfectly okay for the UK to leave the European Union with no deal and to fall back on World Trade Organisation rules. Lord Heseltine said, “Well, that’s rubbish, isn’t it?” Is it rubbish?

Boris Johnson Portrait Boris Johnson
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I repeat what I said at the weekend, and I am delighted that the hon. Gentleman was paying attention. I do not believe, by the way, that it will come to that, because we will have no difficulty over the next couple of years in doing a deal that is very much in the interests of both sides. I shall come on to that later.

To get back to the defence of the planet, let me remind Members that we are not only committed to transatlantic defences, as we will also spend £3 billion east of Suez in the Gulf region over the next 10 years. In fact we are reopening and restoring our role east of Suez, arguably for the first time since 1967. We are reopening a naval base in Bahrain, which makes perfect economic sense as well. If Labour Members cared about these things, they would understand that there is an absolute connection between our security and our economic prosperity, because the region of the Gulf—the Opposition probably do not know this—is our largest and fastest-growing export market apart from the EU and the US.

It does not end there either, because we are also committed to the security of the wider world, including Asia. Last year, as the House will know, the Royal Air Force sent Typhoon fighters to Japan, South Korea and Malaysia, proving that Britain remains one of the handful of countries able to deploy air power 7,000 miles from its shores. Soon the Royal Navy will have two giant aircraft carriers, each of them longer than the Palace of Westminster—the biggest warships this country has ever possessed, HMS Queen Elizabeth and HMS Prince of Wales.