Will TLCM Help Slash the UK’s £140bn Budget Deficit?
A political power shift in the UK from Labour to a Conservative/Liberal Democrat coalition government and a £140bn budget deficit will likely spell times of change for the country’s defence spending and priorities. The new Defence Secretary, Dr Liam Fox, formerly Shadow Defence Secretary, vehemently led the Conservative party’s criticism of funding for the armed forces under Gordon Brown’s Labour government and he retains that brief as the party moves into government....
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