The Defence Secretary and the Chief of the Defence Staff have issued
statements following Chancellor George Osborne’s announcement on the
Spending Round 2013. Philip Hammond said: "The savings that I have
agreed will have... More information. If you are using a MOBILE DEVICE please use this link
The Chancellor, George Osborne will announce on Wednesday £11.5bn worth
of cuts in the latest spending review. But he revealed on Sunday that in
agreement with the Defence Secretary, Philip Hammond, he would make "no
reduction... More information. If you are using a MOBILE DEVICE please use this link
The Chancellor of the Exchequer, George Osborne, has provided to the RAF Families Federation £235,000 to support the implementation of the Armed Forces Covenant. The money comes from the £35million of fines paid by banks after some employees were found to have attempted to... More information
The Chancellor, George Osborne, in his budget speech, has announced that
Service personnel are to be awarded a pay rise of of 1.5%. This is the
1% already announced and half of one per cent in X-factor which until
now had been... More information
The Chancellor has announced that the fines levied on banks for
attempting to manipulate the London Interbank Offered Rate benchmark are
to be given to causes and charities supporting the Armed Forces
community. George Osborne said: "Our servicemen and women make huge
sacrifices on behalf of our country and represent the best of British
values. That’s why it is right money received from fines banks are...More information »
There are several media reports on the reduction in the Defence Budget
announced during the Chancellor's Autumn Statement yesterday. In
response the MoD said: 'The budgetary changes mean that in 2013/14 and
2014/15 the MoD's resource budget will be reduced by approx £250m and
£490m respectively...The budget for 2015/16 and beyond will be set in
the next Spending Review. When the time comes, we will be vigorously be
making the case...More information »
