Sir Julian Lewis: At last, we have agreement on a defence expenditure statistic. When the Secretary of State says that what the settlement means is that the proportion of GDP spent on defence by the end of this decade will now be higher than at any time in the past 30 years, he is quite right. The trouble is that if we go back 30 years to 1995, what we were spending then under the new accounting rules was 3% of GDP, and that was six years after the fall of the Berlin wall. Given that we are now in a more dangerous situation today than at any time since at least the height of the cold war in the 1980s, should we not be looking at the sort of percentages we spent then? Under the new accounting rules, that was between 4.1% and 5.5%. Haven’t we still got a long way to go?

[The Secretary of State for Defence (Dan Jarvis): The right hon. Gentleman knows that I always listen very carefully to what he has to say, not least because he talks a lot of good sense on these matters. Over the many years of him being sat on the Government Benches and me sat on the Opposition Benches, I remember listening to the case he made for investment in defence, including investment in nuclear. I know, therefore, that he will welcome the £63 billion over the next four years to strengthen the UK’s nuclear deterrent. He has spoken with great consistency on these matters over many, many years.

The right hon. Gentleman is right to say that there is still work to do to point the trajectory to 3.5%. I think today is a very significant step forward in terms of providing additional resource and additional capability. The £298 billion is a very significant commitment by this Government. When we came into office two years ago, the percentage of GDP was at 2.3%. We have increased that. We are on a trajectory to increase it over the next few years, and we must ensure that, through the next spending review process, we have the resource that I think most right hon. and hon. Members agree we now need to chart that course to 3.5%. That is an absolute commitment that we will honour, and we will work closely with our NATO allies in order to do so.]