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The strategic defence review, published more than a year ago, laid bare the weaknesses in the UK’s defence capability. But across-the-board capital cuts to address this is bad fiscal policy. Read the latest comment from @drbenpaxton.bsky.social www.instituteforgovernment.org.uk/comment/slic...
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Raiding capital budgets in this way to pay for greater defence capability is the wrong approach.
www.instituteforgovernment.org.uk
Salami-slicing capital budgets for defence is bad fiscal policy making | Institute for Government
Institute for Government