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Lord Livermore (Lab)

Speaking in the House of Lords on 19 May 2026

Debate

Defence, Security and Resilience Bank

Contribution

I am grateful to the noble and gallant Lord for what he says. I am sure I was aware of it, but probably not as aware as he is because I am nothing like the expert that he is. But, absolutely, that is exactly what the defence industrial strategy is designed to do. It outlines how the Government will support a strong, innovative defence sector to equip and protect the Armed Forces. It focuses on securing supply chains, boosting high-skilled jobs, investing in new technologies and ensuring national security, while delivering value for money and supporting economic growth. The substantial investment in the defence industrial strategy will drive R&D and innovation across the UK, including developing technologies such as AI, quantum and space capabilities.

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