MoD faces £15bn budget shortfall, warns UK spending watchdog

As featured in Financial Times

UK Defence Budget


“By injecting a further £1bn into the MoD this year and next, the Budget has significantly eased short-term pressures,” said Malcolm Chalmers, deputy director-general at the UK think-tank the Royal United Services Institute. “Decisions on addressing longer-term pressures on the defence budget will have to wait for next year’s spending review.”