Source · National Audit Office
Ministry of Defence: Major Projects Report 2009
Published: 15 Dec 2009
Type: Value for Money
The current defence programme is unaffordable, according to a report from the National Audit Office. The Ministry of Defence has already reduced the deficit between the defence budget and planned expenditure by £15 billion, but a shortfall of between £6 billion and £36 billion remains. The financial crisis means a substantial increase in funding is […]