Defence and Security Review (NATO)

I am getting slightly tired of Government Members talking up 2% as if it were a great achievement. Five years ago it was 2.5%, so the defence budget has been cut over the past five years by 20%. When Labour came to power it was £22 billion. When we left power, the defence budget in cash terms was £39 billion; now it is £24 billion—a real-terms cut. When are these cuts going to stop?