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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.

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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

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