HC Deb 20 April 1993 vol 223 cc52-3W
26. Dr. Wright

To ask the Secretary of State for Defence if he will make an assessment of the peace dividend.

Mr. Archie Hamilton

Under the plans set out in the 1992 Autumn Statement, Cm 2096, the underlying defence budget will decline by around 12 per cent. in real terms between 1990–91 and 1995–96.