§ Mr. FlynnTo ask the Secretary of State for Defence what estimate he has made of the total net and gross savings from the peace dividend in each of the past three years.
§ Mr. SoamesDetails of defence spending between 1992–93 and 1994–95 at constant 1993–94 prices, are set out:
Year Total £ million Underlying £ million 1992–93 23,611 23,243 1993–94 22,757 22,181 1994–95 22,071 21,556—forecast of outturn The "underlying" figures exclude expenditure on redundancies arising from the transition to the new force structure and costs resulting from recovery from the Gulf conflict.