Today, within the Strategic Defence Review, the Coalition Government announced
that there will be no final decision on the like-for-like replacement of Trident
during this parliament. So Trident will not be renewed this parliament - not on
a Liberal Democrat watch. Let us be clear, this is a significant victory for
Liberal Democrat campaigners, and a fantastic example of what our Ministers can
and do achieve in government.
But the Coalition Government is not just saying no to replacing Trident this parliament. It is going further. It is also taking important steps towards the goal of multilateral nuclear disarmament. The announcement today sees a 25% cut in warheads.
Today is yet another day that we can all feel hugely proud to be a party of government, delivering key Liberal Democrat priorities.
Anyone think she's slightly overplaying her hand on this? Or as a Conservative do you feel slightly queasy this evening? To me there's something deeply odd about these defence cuts. They seem radical, and yet we're only seeing a real terms cut in the defence budget of 2% a year.