Advertisement

  1. National

Hammond defends MoD budget

The Defence Secretary has hit back at critics who claim the armed forces are suffering unnecessary cuts because of his "overzealous" austerity drive.

View all 3 updates ›

MoD: 'Make no apologies for running a tight ship'

A Ministry of Defence spokesman said the underspend reflected better control of equipment projects and a conscious decision not to spend money on contracts until needed.

Rather than rushing money out of the door for the sake of it within a financial year, we are committing money as and when projects require it.

We make no apologies for having a proper grip on the equipment plan and running a tight ship with a cautious approach that, with the support of the Treasury, allows us to roll forward cash to next year, thereby ensuring the money will still be spent on equipment.

– MoD spokesman

More top news