HC Deb 23 February 1965 vol 707 c87W
Mr. Thorneycroft

asked the Secretary of State for Defence whether the figure of £2,000 million, to which Her Majesty's Government aim to limit spending on defence for the year 1969–70, is at constant prices; and what percentage of the gross national product in 1969–70 Her Majesty's Government estimate that this would represent.

Mr. Healey

If defence expenditure in 1969–70 were limited to £2,000 million, at 1964 prices, this would represent about 5.9 per cent. of the gross national product.