Politics

Spending Review: £2.2bn Confirmed For British Defence

The Chancellor of the Exchequer has been giving his Spending Review to the House of Commons.

The Chancellor of the Exchequer has said the Government will provide £2.2 billion of funding for the Ministry of Defence over the next two years.

Delivering his Spending Review to the House of Commons, Sajid Javid said the figure represented a real-terms increase of 2.6%.

In total, £1.2 billion of the £2.2 billion is new funding, with an extra £200 million for this year and an extra £1 billion for 2020-2021.

Mr Javid confirmed £7 million of the money would go towards the Normandy Memorial Trust in order to complete a memorial overlooking Normandy's Gold Beach.

Also, £700 million will go towards increased employer pension contribution costs.

A new Office of Veterans Affairs, first announced in July, was also confirmed by Mr Javid.

Former Army officer Johnny Mercer will oversee the Office, along with Oliver Dowden.

Responding to the Chancellor Sajid Javid's Commons speech, shadow chancellor John McDonnell described it as "a compendium of meaningless platitudes".

Mr McDonnell added: "The Tories have checked what are the top three or four issues in the polls and cynically judged just how little money they have to throw around to try and neutralise the concerns people.

"So to come here and then try to fool us with references to people's priorities is beyond irony."

Hear what Dr Julian Lewis, Chair of Commons Defence Select Committee, had to say on the spending review on the latest Sitrep.