00:00I just disagree. £270 billion as a result of the uptick, the increase in defence spending last year.
00:09That's the biggest sustained increase since the 1980s, since Thatcher, so for 45 years.
00:14On top of that, we've got the Defence Investment Plan. This is about the capability for the future.
00:20That is more money on top of that. So that is the assessment that I've made.
00:24Both of them hard-edged decisions, by the way, because the Defence Investment Plan
00:27involves taking money from other government departments and reallocating it to defence.
00:32And it's not the last word.
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