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Wednesday, September 16, 2009

Row over Tory plans to axe £30bn defence projects

Airbus A400MThree of Britain’s biggest defence projects with a combined value of nearly £30billion could face the axe if the Conservatives win the general election next year.

George Osborne, the Shadow Chancellor, said in a speech on the economy that he would hold a Budget within weeks of a victory.

Afterwards, he was asked to identify specific savings that an incoming Conservative government might make.

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