Thursday, January 10, 2013

(Brit) SocialMedia: MoD Overspends Equipment Budget By £6.5bn

The Ministry of Defence has overspent its equipment budget by £6.5bn and some of its major orders are likely to be delivered 39 years late.

The 16 most costly projects should have taken 159 years to deliver between them and cost a total of £56.5bn ... But the National Audit Office (NAO), in its latest report into the MoD's spending, reveals they are now set to take a total of 195 years and cost £61.1bn.

This is typical of how British Government spends. Leaving a deficit which the poorest in society have to fund through benefit cuts.

The Olympics was a drain on resources and now the MoD overspend resources. Leaving us cash-strapped Britain.

Still proud to be British??

See also: « Why The Nuclear Deterrent Has Had Its Day »

1 comment:

  1. What's up friends, its enormous article on the topic of teachingand fully explained, keep it up all the time.
    Here is my web blog - free dating

    ReplyDelete

Thanks for the comment, I'll leave proper reply soon. Thanks again CybaPunk65 for WAP

Subscribe Now

BuzzBoost:. The Writing's On The Wall