David Cameron scales down defence cuts
The national defence budget has been finalised after a personal intervention by the Prime Minister. The final settlement puts the cuts to the Ministry of Defence's £37bn a year budget at around 7-8%. This is significantly lower than the 10% cut favoured by the Treasury. Military chiefs said that drastic cuts would damage the front line in Afghanistan, something David Cameron has made clear he is not prepared to do. . Defence secretary Liam Fox, who has fought fiercely for his department, appears to have won this particular battle with the Treasury. Hillary Clinton's comments earlier this week, in which she expressed concern about the expected defence cuts, could have added pressure on the coalition. . A senior Downing Street source has revealed that the comprehensive spending review will not outline any substantial cuts to the number of Army personnel. The source added that £750m is to be saved over four years on Trident, alth...