(6 years, 10 months ago)
Commons ChamberThe Government have committed to meeting the NATO guideline to spend at least 2% of our GDP on defence until the end of this Parliament, and to increase spending by at least half a per cent ahead of inflation every year of this Parliament.
Is it not the case that we only need a growing defence budget if we are committed to leading in NATO, investing in our armed forces and giving them the equipment they need and maintaining our nuclear deterrent? Is it also not the case that this party is the only one that is committed to all three?
My hon. Friend is spot on. We are leading by example in NATO. We are the second biggest defence spender in the alliance—one of only six members spending 2%—and we are committed to investing £178 billion in equipment between 2016 and 2026. Our growing defence budget means more ships, more planes, more armoured vehicles and more cutting-edge equipment for our forces.