What's Cameron going to fall back on now the UK isn't even the 4th biggest defence spender?
While the UK Armed Forces goes through one of the most debilitating reductions in its size and equipment in its history, the standard politicians’ response has always been to remind us that the UK still had the fourth largest defence budget in the world. Well, they can’t fall back on that anymore.
A report by IHS Jane’s projects that with a spend of $58.6 billion this year the UK will fall behind Russia in the defence spending league. India is then forecast to over-take the...
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