The Corps huh, What is it good for?

The Times reports today that the RN is considering scrapping 1000 Royal Marine posts as part of a wider options package to save money. The report suggests that the RN could save up to £100m per year, which would go a long way to addressing the financial black hole sitting at the heart of the MOD. For all the talk of a rising defence budget, it remains clear that the devaluation of the pound, coupled with rising equipment costs clearly shows that that there isn’t enough money to do everything that the 2015 SDSR set out to deliver. For all the spin of ‘backed by a rising defence budget’, when you speak to friends in the military or MOD, these lines are met with hoots of derision. Their view is simple – the budget situation is bordering on catastrophic and only major reform, or a major injection of funds will solve the problem. From a Treasury perspective, the case for MOD to have extra cash is weak. The Department enjoys considerable latitude in how it chooses to spend its cash,...