Part of Oral Answers to Questions — Defence – in the House of Commons at 12:00 am on 19 November 1991.
Yes, indeed. Spending on defence is a way of reducing the chances of war. To that extent, the nuclear deterrent is very good value for money. I hope that the day when European defence does not rely solely on British and French deterrents will not come to pass, but there is clearly a risk that it could happen some time.