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 Lord Robathan Lord Robathan Conservative 3:07 pm, 22nd January 2018

My Lords, my noble friend, for whom I have very great respect, talks about raising defence spending by 0.5% above inflation but the fall in the value of sterling has negated this completely. In addition, the situation has changed so much, particularly with regard to Russia, but we could also mention North Korea, Daesh and whomsoever one wishes. The situation has changed so completely that a lot of people in this House, the other place and indeed the country are hugely concerned about defence.