National Defence
Defence Investment Plan
“We all want this defence investment plan to be a success, and I personally thank the MOD officials who have worked so hard for many months to get us to this point. I welcome the extra money the Treasury may have ceded in the last couple of weeks, which builds on the record increase in defence investment that we as a Labour Government have made since the election. However, threats are still growing, demands on defence are still rising in this dangerous world and today’s step means that, as a nation, we will be spending 2.7% of GDP on defence in 2030, the date when NATO warns we could face a Russian attack. With European security at stake, does my right hon. Friend agree that more needs to be done in the months ahead, beyond the DIP, to develop a clear, credible funding plan that will hit 3% and meet our NATO commitment to 3.5% by 2035?”
