HC Deb 21 July 1965 vol 716 c214W
39. Mr. Frank Allaun

asked the Secretary of State for Defence why Her Majesty's Government have fixed United Kingdom arms expenditure at £2,000 million at current prices by 1970.

Mr. Healey

The Defence Review target for 1969–70 is £2,000 million at 1964–65 price levels. This should enable us to get the right balance between our defence needs and what the nation can afford.