Luke Pollard

As the Prime Minister set out today at Prime Minister’s questions, and as the Defence Secretary outlined just last week, we will publish the defence investment plan ahead of the NATO summit in just a few weeks’ time. The Prime Minister, the Defence Secretary and the entire Defence team are determined to get the DIP right to ensure that we deliver the best equipment and technology into the hands of our frontline forces, while investing in and growing the UK economy. We are determined to make the right choices for the country to ensure that the UK is secure at home and strong abroad. Even as we finalise the DIP, we continue to back British jobs, British businesses and British innovation. Since July 2024, the Government have signed 1,400ysv major contracts, with 94% of that spend going to UK-based firms. In just the past four weeks, we have announced a £115 million hybrid Navy package for the UK-led mission in the strait of Hormuz; a £1 billion contract for new mobile artillery for the British Army; rapidly procured new weapons for our Typhoons, which have already been deployed to shoot down drones at low cost; 13 new contracts, worth up to £4 million each, with small, home-grown British businesses to foster growth and innovation, and to find the next billion-pound UK defence unicorn; and a pay award of 3.6%, so most armed forces personnel have received a cumulative pay award of 14.1% since this Labour Government were formed. Let us not forget that the Conservatives left the defence programme overcommitted, underfunded and unsuited to the threats we now face. In their first year in government, they cut defence spending by £2 billion. In their first five years in government, they cut it by £12 billion. This Labour Government are rearming and renewing our armed forces, and ending the Tory hollowing-out, by spending over £11 billion more on defence this year than was spent in the last year of the Conservative Government. Our defence investment plan, which will deliver our strategic defence review, will put that right. Backed by our commitment to the largest sustained increase in defence spending since the cold war, and by the most ambitious programme of defence reform in 50 years, we will deliver for Britain and for defence.