Posts tagged as critical place

UK at RISK? Ministry of Defence faces a £21BILLION budget shortfall over next 10 years

By Matthew Robinson on Saturday, May 12, 2018

THE MINISTRY of Defence (MoD) faces a whopping £21billion funding shortfall over the next decade, placing the purchase of vital new equipment including fighter jets, submarines and armoured vehicles in jeopardy, according to the Public Accounts Committee which scrutinises the MoD’s spending. The PAC’s report into the MoD’s ten-year equipment plan for 2017-27 stated: “The ministry simply does not have enough to buy all the equipment it says it needs.”…