McFadden: No Defence Funding Plan for Years

Chancellor of the Duchy of Lancaster Pat McFadden was on the media round today, where he admitted there’s currently no clear plan to fund Labour’s new commitment to spend 5% of GDP on national security by 2035. Pressed on Good Morning Britain about how the government intends to pay for the increase, McFadden said:

“These spending reviews happen every two to three years… we just had one a couple of weeks ago… as we increase defence expenditure in future spending reviews, we’ll set out in those how that’s going to be funded.”