Rishi Sunak as Chancellor visits Catterick Garrison 170720 CREDIT MOD Crown Copyright.jpg
Rishi Sunak MP, then-Chancellor, pictured in 2020 during a visit to Catterick Garrison (Picture: MOD/Crown Copyright)
Politics

Rishi Sunak says he would never 'short change' Armed Forces as PM

Rishi Sunak as Chancellor visits Catterick Garrison 170720 CREDIT MOD Crown Copyright.jpg
Rishi Sunak MP, then-Chancellor, pictured in 2020 during a visit to Catterick Garrison (Picture: MOD/Crown Copyright)

Former Chancellor and a contender for Number 10, Rishi Sunak said he will never "short change" the Armed Forces if he becomes Prime Minister.

He was speaking in Margaret Thatcher's birthplace, Grantham, in Lincolnshire on Saturday morning.

"Defence spending needs to increase, and I will never short change our Armed Forces and my track record proves that with the largest increases in defence spending since the Cold War," Mr Sunak said.

"Simply saying 3% [of GDP allocated to defence] isn't a plan, it’s an arbitrary target. Rather, we need to provide our military with the resources it needs to do what it needs to do to keep us safe," he added.

The MP for Richmond (Yorks) resigned as Chancellor of the Exchequer, sparking the wave of resignations that were handed to Boris Johnson earlier this month.

He is campaigning with the slogan "Ready for Rishi".

WATCH: UK's support for Ukraine is not affected by Boris Johnson's departure, Defence Secretary says.

Foreign Secretary Liz Truss is the other candidate standing to replace Boris Johnson as PM.

She is one of the ministers who did not hand in their resignation at the beginning of the month.

The MP for South West Norfolk is campaigning with the slogan "Liz for Leader".