36bn Black hole in defence budget
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36bn Black hole in defence budget
Black hole in Ministry of Defence cash soars to £36billion | Mail Online
*edit
Apologies for my poor tieping yesterday!
*edit
Apologies for my poor tieping yesterday!
Last edited by peppermint_jam; 24th Mar 2010 at 10:37. Reason: Correct link added
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Black hole in Ministry of Defence cash soars to £36billion | Mail Online
Black hole in Ministry of Defence cash soars to £36billion | Mail Online
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Old news - it's up to £36bn over ten years - the NAO has been all over this in their Major Projects Report 2009.
The MoD needs to get a grip, before a grip is imposed in the SDR. Sadly, I think internal reform is all too late, and the inevitable cuts are inbound. The idea that a Minister (Quentin Davis in this case) could shrug off the £600m+ increase in CVF because MoD decided to delay the programme as it is unaffordable is stunning; £600m is presumably enough to get your moat cleaned AND have a new duck house!
S41
The MoD needs to get a grip, before a grip is imposed in the SDR. Sadly, I think internal reform is all too late, and the inevitable cuts are inbound. The idea that a Minister (Quentin Davis in this case) could shrug off the £600m+ increase in CVF because MoD decided to delay the programme as it is unaffordable is stunning; £600m is presumably enough to get your moat cleaned AND have a new duck house!
S41
But it perfectly demonstrates the madness inherent in the system. Because the MoD (and Treasury) are unable to negotiate any sort of flexibility in the DEL, you get the ludicrous situation where those in town spend months preparing "silt charts" of "options", the sole purpose of which is to reprofile in-year project spend to fit the somewhat artificial DEL. Result £600m cost escalation that is "some-one else's problem" and almost certainly double what the actual exceedance of the DEL was.........
