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 »
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