My hon. Friend refers to maintaining a fiscally neutral position in defence spending. Does he recognise that in the past few years defence inflation has been 3.9%, on average, whereas the background GDP deflator has been only 0.8%? We are seeing a huge erosion of the effective purchasing power of the defence budget every year that is eroding our capability every year.
Defence
Proceeding contribution from
Paul Sweeney
(Labour)
in the House of Commons on Thursday, 11 January 2018.
It occurred during Backbench debate on Defence.
Type
Proceeding contribution
Reference
634 c506
Session
2017-19
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2020-02-21 15:59:11 +0000
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