L

Lord Stirrup (CB)

Speaking in the House of Lords on 15 January 2026

Debate

Ministry of Defence: Budget Shortfall

Contribution

My Lords, the Minister is quite right, but he knows as well as the rest of us that those are meaningless figures: what really matters is how much you can buy for the money you are spending. Given the accounting changes that have taken place over the intervening years, we are currently spending a lower percentage of GDP on defence than we were in 2010, when we were not facing the very serious threats to European security that we see today. How do the Government explain this?

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