MoD lacks ‘credible plan’ to fund UK’s armed forces, MPs warn
The Ministry of Defence has no credible plan to fund the armed forces the Government wants, leaving the UK increasingly reliant on its allies, MPs have warned.
The gap between the MoD’s budget and the cost of the UK’s desired military capabilities has ballooned to £16.9 billion, its largest deficit ever, despite an injection of £46.3 billion over the next 10 years.
But the influential (PAC) has warned that the real deficit could be closer to £29 billion as some parts of
