Sir Bernard Jenkin

Sir Bernard Jenkin

Conservative — Harwich and North Essex

Speaking in the House of Commons on 9 September 2025

Debate

Diego Garcia Military Base and British Indian Ocean Territory Bill

Contribution

I am most grateful to the Minister for giving way. I am afraid my question goes back to the cost of the deal, which will hang around the Government’s neck like an albatross for the rest of their time in office. We know that the Government Actuary says the gross cost is £35 billion. Please can the Minister enlighten the House and help hon. Members to understand his own calculations? What is the meaning of “social time discounting”?

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