L

Lord Coaker (Lab)

Speaking in the House of Lords on 6 January 2026

Debate

Defence Spending

Contribution

I understand the challenge that the noble Lord makes, but I cannot give him a specific time—next week or by the end of the month—by which it will be published. We are determined, through the defence investment plan, to make sure that we get this right; that we make the right choices and that we do not have a situation where, in order to meet some timetable, we produce a defence investment plan that does not enable us to have the war-fighting capability that we need. The noble Lord challenged me to say what we are doing at the moment. The CDEL budget in 2024-25 is £22.7 billion. In 2028-29 it will be £31.5 billion, which is nearly £10 billion more. The total DEL budget was £60.2 billion in 2025 and in 2028-29 it will be £73.5 billion. There are billions of pounds of additional investment, much of which we hope to be spent in our own country, with our own industry.

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