Steve Barclay

Steve Barclay

Conservative — North East Cambridgeshire

Speaking in the House of Commons on 29 October 2026

Debate

Budget Resolutions

Contribution

As the Defence Secretary is talking about defence spending, could I just point him to paragraphs 2.5 and 2.6 on page 31 of the Red Book? I am sure that one of his Treasury colleagues will have a copy. He will see that £10.3 billion of that spending is funded by reprioritisation, alongside £4.7 billion, £3 billion of which is from capital cuts elsewhere and £1.7 billion from the reserve. He will, of course, get the £1.7 billion from the reserve, but has he been told by the Treasury where that £3 billion of capital savings is coming from? How much of it, if any, is coming from his Department? Can he assure the House that the Government are on track on the more than £10 billion of efficiencies, given that the Institute for Government and many others say that it is highly unlikely to be delivered?

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