Armed Forces: Reduction - Question

Part of the debate – in the House of Lords at 12:44 pm on 22nd October 2020.

Alert me about debates like this

Photo of Baroness Goldie Baroness Goldie Lord in Waiting (HM Household) (Whip), The Minister of State, Ministry of Defence 12:44 pm, 22nd October 2020

As the noble Lord is aware, the Government have committed to honour our spend commitment to NATO by spending 2% of GDP on defence. We also had a manifesto commitment to increase the defence budget by at least 0.5% above inflation every year of this Parliament. We are currently involved in the exercise to which the noble Lord referred, which is important. We are aware that the Baltic and north Arctic areas are strategically significant, and we will ensure that we have the key resources to address any emerging threats.