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Tuesday, January 11, 2011

MoD will have to make more cuts, warns Rusi think-tank

AV-8B HarrierThe Ministry of Defence will have to make further savings of £1bn-£2bn a year if it is to avoid overspending by 2015, a defence think-tank has warned.

The government's strategic defence and security review in October outlined cuts of £4.7bn over four years.

But the Royal United Services Institute said this would not be enough to balance the MoD's budget.

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