On the recordJuly 7, 2026
The Treasury said no in the end.
Said by
John Healey
Labour Party
Source
bbc.co.ukThe Treasury said no in the end.
Commenting on Treasury's refusal for higher defence spending.
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We are cutting the deficit faster than any other G7 economy, while giving people a bit of breathing space with cost of living pressures and focusing support to get young people into work.
We’ll be watching closely for any suggestions that customers are being taken for a ride at the pump or the till.
We must cut the cost of welfare, we have to get more people back into work.
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.