But speaking to Bloomberg News during a trade mission to India, the Chancellor insisted that Trident had to be considered as part of the MoD’s core funding.
He said: “The Trident costs, I have made it absolutely clear, are part of the defence budget.”
If Trident is to be funded from the existing budget on top of the cuts then speculation about cutting a fleet here and a capability gap there won't come close to finding the cash. We are screwed.