PRIME MINISTER – DEFENCE BUDGET & CAPABILITIES – 26 March 2018
Dr Julian Lewis: For understandable reasons, Defence spending has more than halved as a proportion of GDP since the end of the Cold War. Now that the threat from Russia is re-emerging, can we reassess the need to fill the holes in the Defence budget identified by the National Audit Office, the Defence Committee, and, most recently, the Joint Committee on the National Security Strategy?
[The Prime Minister: This is obviously an issue on which my right hon. Friend has campaigned, and continues to campaign, with great passion and dedication. As he will know, coming out of the National Security Capability Review, we have set out the Modernising Defence Programme. We are looking carefully at the question of our future defence against the background of the threats that we face. Of course, Defence and National Security covers more than simply what would traditionally be regarded as Defence, but we are looking carefully at the capabilities required by the Ministry of Defence.]