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  • The Independent

    Spending watchdog finds MoD running £17bn equipment ‘blackhole’

    by Patrick Daly Dec 04, 2023 3 minutes
    Source: PA Archive

    The public spending watchdog has found that the Ministry of Defence (MoD) equipment plan is “unaffordable”, with a budget “blackhole” of almost £17 billion.

    Labour said the National Audit Office’s (NAO) report was “totally damning” and accused ministers of losing control of military budgets.

    In its report published on Monday, The Equipment Plan 2023 to 2033, the watchdog said the department’s plans to build and purchase new weapons and defence capabilities over the next decade are unaffordable.

    The NAO said the equipment

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