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hulahoop7	Forced to give a little more	Lead	[-]
Posts: 1107 (16-May-2008 11:46:30) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	http://www.telegraph.co.uk/news/uknews/1965357/MOD-allowed-funds-for-kit-and-aircraft-carriers.html Gordon Brown has agreed to let the Ministry of Defence free up funds to provide life-saving kit for troops in Afghanistan and Iraq and give the go-ahead for two aircraft carriers, it has been reported. The government is loosening rules governing long-term budgets in order to allow military chiefs to plug a £2 billion black hole in its finances. That will mean that a reported £200 million will be freed for much needed equipment in the middle east and contracts for the new super aircraft carriers promised to the Royal Navy pushed through safeguarding 10,000 manufacturing jobs. (...)
Obi Wan Russell		#1	[-]
Posts: 223 (16-May-2008 12:02:39) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Amazing what a good kicking at the polls will do to a sitting government.... About Bloody time too. Wonder if we can get T45s 7&8 out of them while we are at it? Sorry, getting carried away again!
Zen9		#2	[-]
Posts: 3539 (16-May-2008 12:09:44) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Wow, guess they expect to loose and are now setting the finances up to make a rightnightmare for any incomming government! Or this could be the last gasp to buy votes.
hulahoop7		#3	[-]
Posts: 1108 (16-May-2008 12:10:04) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Probably not! http://www.ft.com/cms/s/0/e2b21996-22b4-11dd-93a9-000077b07658.html Two days ago, executives at BAE Systems and VT Group got the call they had been anxiously awaiting for more than six months. The Ministry of Defence was committing to a manufacturing contract for two aircraft carriers for the Royal Navy. The tidings, delivered by Amyas Morse, the commercial director at the MoD, meant that BAE and VT could at last finalise a longed-for joint venture that would combine the shipyards into a single British champion. An announcement is expected in the next 10 days, with the contract signed before the end of June. But while executives in the industry alliance that is building the £4bn ships are privately celebrating, there is potentially less good news on the horizon for their counterparts at other defence contractors. The disclosure that the MoD is to launch an "examination" of the equipment programme will raise fears among executives that they may face further delays and cuts to big procurement schemes. Decisions are still pending on "big ticket" projects such as Future Lynx, to replace the Lynx helicopters, as well as further orders for more Astute submarines, Type 45 destroyers and Eurofighter Typhoons.
hulahoop7		#4	[-]
Posts: 1109 (16-May-2008 12:39:36) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	I guess the 40% rule went with the tax give away. Once it's passed there must be a temptation to spend your way out of other problems too. At least these are capital items.
Sunk at Narvik		#5	[-]
Posts: 2246 (16-May-2008 13:21:56) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	What an astute decision it was to have these ships built in Scotland Following on from the £2.7 bn tax bribe, £200m isn't an awful lot though is it?
hulahoop7		#6	[-]
Posts: 1110 (16-May-2008 13:31:59) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	They've obviously negotiated and negotiated to a point where red lines were reached on what could be cut. That left the £200m gap. So £1.8 bn of savings have been found somewhere.
Sunk at Narvik	Why arn't we celebrating?	#7	[-]
Posts: 2247 (16-May-2008 15:25:39) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Afterall, when I first became interested in things RN the navy seemed in terminal decline (late 70's). The idea of two big carriers would have been fantasy land, let alone an expanded and impressive line of of 'phibs Yes, I know there are valid concerns in other areas, but these ships will be the backbone around which the future RN is built over the next forty years. Setting aside the politics, this is (finally) great news. So come on Richard- a ray of optimism in your next editorial?
perfectgeneral		#8	[-]
Posts: 349 (16-May-2008 15:38:30) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	If the government ever seeks to spend their way out of a recession, military equipment is an area they might pursue. Spending in the NHS and Education is already high and further funding may hold diminishing returns and prove inflationary. While public housing might prove popular with the labour core vote, vital swing voters would see further downward pressure on the value of their houses. Some optimistic positive feedback should be qualified with expectations for further spending. An arguement of ordering to preserve the industrial base would play well at present. http://petitions.pm.gov.uk/Want10Destroyers/ http://petitions.pm.gov.uk/4Subs88Months/
Jimlad1		#9	[-]
Posts: 1444 (16-May-2008 18:51:28) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Wait till you see what is likely to be chopped in the review though!
Rob		#10	[-]
Posts: 620 (16-May-2008 22:12:13) Reply Quote More My Recent Posts Message Me Connection Blocking Invite Ignore User's Posts	Good news I guess. I hope this in combination with stretching deliveries and accounting tricks is enough to avert large scale cuts.

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Forced to give a little more

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Gordon Brown has agreed to let the Ministry of Defence free up funds to provide life-saving kit for troops in Afghanistan and Iraq and give the go-ahead for two aircraft carriers, it has been reported.

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