SDSR – Overspent & underfunded, huge chops for a minor cut.

It should not be news to anyone that the Defence budget was a shattered ruin by the beginning of 2010, when the Gray report revealed an unfunded 10% budget deficit over the coming decade, in addition to Treasury insistence on Defence funding of the acquisition costs of the Trident replacement which represents a further 2.5% cut, and, a Treasury demand for  a 7.5% reduction as part of the Defence contribution to balancing the country’s shattered public finances. And yet people are surprised at the huge number of capabilities and platforms that got axed at the SDSR……….

Why? Did we not all spend the preceding twelve months consuming a non-stop diet of horror stories?

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