Ed Davey

Ed Davey

Liberal Democrat — Kingston and Surbiton

Speaking in the House of Commons on 26 February 2025

Debate

Engagements

Contribution

May I start by wishing the Prime Minister well on his trip to the White House? It will not be an easy meeting, but we are all behind him for the sake of our national interest. It is already clear that, sadly, under President Trump, we will not be able to rely on the United States to help ensure our security against Russian aggression, which is why we strongly welcome the Prime Minister’s decision to increase Britain’s defence spending. But Europe must do far more to rearm in the face of Putin’s threat and the UK must lead on that. That is why we back the idea of a new European rearmament bank, so that we can finance a big increase in manufacturing capacity without the need to cut Britain’s vital soft power. Will the Prime Minister look at this idea, work across this House and across Europe, so that we can make a European rearmament bank happen?

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