John Healey: “Sir Keir Starmer is unable and the Treasury has been unwilling, to commit the resources that the nation needs to defend…”

I know people are worried about the impact of the conflict in the Middle East on their cost of living, which has been too high for too long and it has added pressure on British businesses.

I am confident Labour can honour a commitment to increase defence spending and make the decisions that allow us to set out a long-term plan to make our forces better equipped to fight and to deter the threats we face.

But it also threatens our economic security: impacting the family finances of millions of British people.

Being frank, we can’t completely stop the squeeze that families and businesses will feel with a global shock of this scale.