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Lord Livermore (Lab)

Speaking in the House of Lords on 28 April 2026

Debate

Middle East: Economic Update

Contribution

I have the greatest respect for my noble friend Lord Robertson but I disagree with him. Looking at the decisions that the Prime Minister and Chancellor have taken, we are delivering the biggest sustained increase in defence spending since the Cold War. As I have said already, and I am sure will continue to say, the defence investment plan will be published in due course. The noble Lord spoke of the international action that the Prime Minister has led; he knows that the Prime Minister has led global action by convening with the President of France a summit of nations to work together to support freedom of navigation through the strait. He will know that the UK will continue to play its part through engagement with many industries, including the insurance industry, to support shipping when the conditions allow.

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