Armed Forces: Investment - Private Notice Question

Part of the debate – in the House of Lords at 3:07 pm on 22nd January 2018.

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Photo of Earl Howe Earl Howe The Minister of State, Ministry of Defence, Deputy Leader of the House of Lords 3:07 pm, 22nd January 2018

My Lords, defence spending is rising, not falling. This year the budget is £36 billion, and it will increase by at least 0.5% above inflation every year of this Parliament to almost £40 billion by 2020-21. The UK is proud to be the second-largest defence spender in NATO and the fifth-largest in the world. Recent press speculation about changes to the UK’s force structure, and cuts to the budget, has been misleading and unhelpful.