Luke Pollard

Luke Pollard

Labour (Co-op) — Plymouth Sutton and Devonport

Speaking in the House of Commons on 27 January 2025

Debate

Fiscal Policy: Defence Spending

Contribution

The Government’s plan for change says that we will “set out the path to spending 2.5% of GDP on defence in the spring”. I am genuinely grateful to the hon. Gentleman for asking this urgent question. It gives me the opportunity to reiterate what the Prime Minister has said, what the Defence Secretary told the House on Wednesday last week, and what the Minister for Defence Procurement and Industry repeated in the House on Friday, which is that this Government have a cast-iron commitment to spending 2.5% of GDP on defence, and that we are already delivering for defence by increasing defence spending. At our first Budget, we announced an extra £3 billion on spending on defence in the next financial year.

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