John Healey

John Healey

Labour — Rawmarsh and Conisbrough

Speaking in the House of Commons on 19 May 2025

Debate

Defence Procurement: SMEs

Contribution

My hon. Friend is quite right about the fact that capabilities are now changing in weeks, not months or even years. He is also right about finance. That is why I went to the London stock exchange last week and closed the markets—I think it was the first time a Defence Secretary has ever done that. I wanted to signal that this Government want a new partnership with not just industry and innovators, but investors, and that means changing the way in which defence does its work.

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