0:00
You've obviously argued for more
0:02
spending to be given to the armed
0:03
forces. Did you fail to sort of persuade
0:06
your colleagues and chancellors that you
0:08
saw over your years in government to to
0:11
actually give the right and Yeah, I mean
0:16
prime ministers and chancellors who were
0:18
in even if they said I mean Jeremy
0:20
Hunt's a classic example. He he uh when
0:23
I backed him for the leadership contest
0:24
he said he would he would do 3%. Um he
0:27
wasn't able to do that as as chancellor.
0:30
And I think you you have to decide
0:33
you know, what you're going to
0:34
prioritize and what you're what you're
0:36
going to cut if you want to spend more
0:38
money in defense and uh he was clearly
0:40
not able to to carry the prime minister
0:43
in that respect. So uh yes uh and I I
0:47
also think uh we we we rightly and and
0:50
understandably focus on spending. But uh
0:53
equally critically is the regulation
0:56
that accompanies it. And uh there's a
0:59
lot of things that we could do even if
1:00
we didn't tackle uh taxation or or
1:03
anything like that that would reduce the
1:06
costs particularly for smaller
1:08
businesses where all the the innovation
1:10
is going to come from.
