U.K. Cuts 2015 Defense Spending By 1.5%

Credit: HMS Queen Elizabeth: U.K. Ministry of Defense
LONDON – The U.K. government has made a 1.5% cut in its 2015 defense spending as part of measures to reduce its public spending deficit. The move, announced on June 4, comes as unprotected government departments are being pushed by the Treasury to save £3 billion ($4.61 billion) this financial year...

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