Situation in the Red Sea

I am grateful, and I regard him as my hon. Friend too. Before he leaves the issue of percentages spent on defence, would he not agree with me that, crude though they are, these are indicators of a national priority? The trouble is that if we do not spend enough on defence in peacetime, and then a conflict breaks out—we are now beginning to hear talk of having to be prepared for major conflict in the next decade or two—we will be spending vastly more than 3% or 4% on defence. So how much better is it to spend a bit more in peacetime to prevent the conflict, and how much better than that is it that America should realise that investing in Ukraine’s effort is also helping to raise the deterrence threshold?