The Minister can have his say later.
The Defence Committee report says that capability gaps are growing, reliance on allies is increasing, and we now have the largest ever deficit in the MOD’s equipment plan, at £16.9 billion. The PAC concluded that there is an “unmistakable deterioration” in the MOD’s financial position.
Like the right hon. Member for Rayleigh and Wickford, I have brought along the Red Book. I have studied tables 2.1 and 2.2. The Treasury and the House of Commons Library confirm a reduction in defence budgets, which will be cut by £2.5 billion in cash terms for the next financial year. These are the budgeted baseline figures on which defence can plan, procure, deploy and develop capabilities—not the one-off add-ons for specific purposes, such as nuclear or Ukraine, which are the figures that Ministers too often use to inflate the figures on total spending and disguise the real budgets. This is where the country is left after 14 years of Conservative failure on defence, and the right hon. Member for Rayleigh and Wickford said that this is wholly unworthy of a Conservative Government. I say it is wholly unworthy of a British Government.