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00:00I can announce this Government will begin the biggest sustained increase in defence
00:04spending since the end of the Cold War.
00:09We will deliver our commitment to spend 2.5% of GDP on defence, but we will bring it forward
00:17so that we reach that level in 2027.
00:23And we will maintain that for the rest of this Parliament.
00:27Let me spell that out Mr Speaker, that means spending £13.4 billion more on defence every
00:34year from 2027.