Just to jump in, F-111 was cancelled following a massive public spending programme by Labour (Wilson led) on top of a significant devaluation of sterling, leaving the RAF to accept Lord Mounbatten's offer of three for the price of one on Buccaneers against... well TSR2 at the time. Labour's cuts to defence always follow the need to scrape together more money for all the usual community related projects... NHS, Welfare, Housing etc. Not a bad endeavour, but never balanced properly, hence they always max the nation's unauthorised overdraft.
FB
