Would You like a feature Interview?
All Interviews are 100% FREE of Charge
New figures reveal that daily defense spending has been cut by nearly £10bn in real terms since the Conservatives came to power in 2010.
Analysis of official Treasury and MoD data shows resource spending has been cut by £9.4 billion, by 22%, from £41.9 billion in 2010/11 to a planned spend of £32.5 billion this year. ing.
Figures from the House of Commons Library show how the armed forces have been “hollowed out” by underspending over the past 14 years.
Resource expenditure covers day-to-day budgets such as funding for the military, equipment repairs and maintenance, and other day-to-day running costs, and capital expenditures used for purchasing new major equipment and infrastructure. It’s something else.
Rishi Sunak last month pledged to increase defense spending to 2.5% of gross domestic product (GDP) by 2030. The announcement was welcomed by Conservative MPs who had previously criticized the government for effectively “hollowing out” funding for the armed forces.
Sir Keir Starmer has also promised to increase defense spending to 2.5%, but has not set a deadline for achieving that target.
MPs from all parties are expected to lash out over the government’s record on defense spending during Tuesday’s House of Commons debate.
The government claimed that the defense budget has not been cut since 2010. The MoD said the figures for 2024/25 do not include additional spending of around £4bn, consisting of £2.5bn for Ukraine, £280m for stockpiling and continued support for construction. Stated. A dreadnought nuclear submarine that had not yet been included in the defense budget.
However, at a committee hearing last month, Labor and Conservative MPs argued that this additional spending was part of the core defense budget, even though it was not counted in the same way in previous years. – Criticized Defense Secretary Shapps.
A MoD spokesperson said: “The defense budget has not been cut. We have announced plans to spend 2.5% of GDP on defense by 2030, meaning an additional £75bn will be spent over the next six years. It will become.”