Lies, damn lies and statistics
Is that the stupid attitude that funds the defence budget to the tune of £33.4 Billion..........The same stupid attitude that has delivered the longest period of sustained real above inflation increases in over three decades?
Utter rubbish. When you take out the RAB charges, depreciaton charges and cost of capital which is returned to HMT that claim is just NOT defensible. If it were true the RN would not be running options to scrap half their fleet. The RAF would not be running options to scrap sqns and close stations that are still required to meet output. Beware prOOne Spin Doctoring.
Edited to add:
And let's not forget that although the Tories shamefully sold off the MQ estate, for which (IIRC) some £150M raised from the sale was supposed to be returned to the MOD to upgrade all retained MQs to Grade 1, it was New Liarbour that reneged on this part of the deal and took the £150M to pour into their favourite black hole the NHS. So be careful of prOOne's spin