CURRENTLY in Britain, we have a Defence Minister, Grant Shapps, who said in a recent speech that we are in a pre-war rather than a post-war period.

We also have a Labour opposition which seems to want to out-Tory the Tories on defence spending.

In a recent speech, shadow defence minister John Healey talked about the need to rearm Britain. He used the speech to argue for substantial spending on defence, which would have certainly provided reassurance to the arms industry.