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MOD budget shortfall

The Ministry of Defence has a funding black hole of at least 拢7bn

The Ministry of Defence has a funding black hole of at least 拢7bn in its 10-year plan to equip the UK's armed forces, according to a report by the Commons spending watchdog. Former army head, Lord Dannatt says: "We had exactly the same problems 20 years ago." Today also hears from chair of the Public Accounts Committee, Meg Hillier.

(Image: Aircraft, credit: Getty Images)

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