JFZ
You need to consider the cost to Defence already in your calculations:
1. The free meals 3 times a day under Field Conditions.
2. The cost of the infrastructure - toilets, bedding, ablutions, etc...
3. The welfare packages - access to gym eqpt, communal TVs and recreational areas.
4. The payment of unexpected seperation allowances.
5. The laying on of at least a fleet of 30+ 55-seat coaches each day.
6. The trg cost for the week long VSF Trg Centre courses.
I suspect your £50M might be a lot smaller after all of that...
LJ
PS. On the subject of wages. The rumour is that the Company originally agreed to pay circa £140 per day and then slashed it to £80 per day - a lot of people that had signed up for it stuck 2 fingers up at the reduced wages considering the cost of travel/living in London for a 10-12 hour working day. Hey Presto! We now need the extra 3,500 troops to bail out the company.