The Defence Secretary, Liam Fox has said that for the first time in a decade the MoD budget is in on a firm footing. He said, "We have brought the MoD's future plans and budget broadly into balance following tough decisions that had to be taken in the SDSR and a 1% increase in the equipment budget from 2015 to fill the MoD's multi-billion-pound black hole. This now allows £150bn to be invested in new equipment...More information »
Wednesday, 28 September 2011
"MoD Budget now on a Firm Footing"
The Defence Secretary, Liam Fox has said that for the first time in a decade the MoD budget is in on a firm footing. He said, "We have brought the MoD's future plans and budget broadly into balance following tough decisions that had to be taken in the SDSR and a 1% increase in the equipment budget from 2015 to fill the MoD's multi-billion-pound black hole. This now allows £150bn to be invested in new equipment...More information »
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