Part of Oral Answers to Questions — Defence – in the House of Commons at 12:00 am on 17 December 1991.
Mr Tom King
The Secretary of State for Defence
12:00,
17 December 1991
The hon. Gentleman must be unaware that his party is now pledged to keep the nuclear deterrent, according to the speeches made by the hon. Member for Clackmannan (Mr. O'Neill). I have made it clear that the cost of running a Trident deterrent will be well below 2 per cent. of the defence budget. I regard that as an economical insurance and the ultimate safeguard against nuclear blackmail. I regard it at present as an important insurance.