The British Economy Witnesses Defense Budget Cuts

Published Date : Jan 06, 2015

It is expected that in the forthcoming general elections, the defense issues may not be winning very many votes and David Cameron’s admission on the Andrew Marr program explained that the defense budget of Britain could go below 2% of the gross domestic product of this economy if the Tories get re-elected which will be sign of worry with regard to the party’s future plans and intentions. 

After the 8% defense budget cut back in 2010, there was a common belief within the armed forces that any more such budget cuts will have a major adverse impact on the country’s ability to defend and protect itself. Over the past few months, several embarrassing incidents have come to the fore highlighting this problem. The government, in the month of November came under pressure to rescind the scrapping of the RAF Tornado squadron since it was required for combat activities in Iraq. 

In addition, last month the ill-considered decision of the Coalition do go without any maritime air patrolling activities marked by the end of the Nimrod program left the ministry of defense in a very embarrassing state wherein the same had to seek aid from the French government to track a rogue submarine of Russia that was operating in the North Sea. 

Mr. Cameron however, explained that such cuts were necessary if the country’s finances were to be brought under control, and also for dealing with a heavy debt of almost 35 billion pounds in the budget of the ministry of defense. Sources and analysts have expressed that if the government had adopted a different attitude for tackling defense related problems, both these aforementioned problems could have been managed without harming the military capabilities to this extent.