Esther McVey
Main Page: Esther McVey (Conservative - Tatton)Department Debates - View all Esther McVey's debates with the Cabinet Office
(1 day, 14 hours ago)
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The Prime Minister
I am happy to remind the House that we had 2.5% of GDP on defence spending under the last Labour Government, and we will have it under this Labour Government. In 14 long years, the Conservatives did not do that.
Esther McVey (Tatton) (Con)
I welcome the increase in defence spending. Will the Prime Minister take this opportunity to explain where the money is coming from, particularly as his Government continue to weaken our economy and when another expensive benefit U-turn—on top of the winter fuel U-turn—is on its way?
The Prime Minister
The right hon. Lady must have missed the record investment in our country in the last 12 months of £120 billion, the four interest rate cuts, and the fastest growth in the G7 in the first quarter of this year. Every time we have increased defence spending, as we did with the 2.5%, we have at the same time set out where the money is coming from.