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Sunday, August 01, 2010

Armed forces stunned by Trident bill

Vanguard-classIn a break with historical precedent, George Osborne, the Chancellor, has ruled that the entire cost of the new system must be found from within the day-to-day defence budget.

The ruling has caused disarray within the Ministry of Defence where officials are already struggling to find cost savings of 20 per cent – or £7 billion – from next year's budget.

Major capabilities such as Britain's two new aircraft carriers may now be axed or delayed, the number of Joint Strike Fighter aircraft is set to be halved and a raft of RAF, Army and Naval bases will be closed in addition to other cuts, to fund the Trident replacement programme.

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