Budget - extra £400m for MOD

#2
Did he mention Iran?
 
#3
#4
£400m?

Micky Mouse money to paper over the cracks. What bet this comes with a covering letter for another 2% efficiency saving from the mil budget meaning a net loss for the year???
 
#5
Civvy_Shot said:
http://news.bbc.co.uk/1/hi/uk_politics/6474997.stm

To cover Iraq, Afghanistan and 'other' overseas deployments apparently.

And £50m to save a rainforest.
And how much for Dome II - the Olympic Village?
 
#6
Is there any more news about the budget? I switched on the BBC TV news at one o'clock but it had been replaced by a party political broadcast for the Labour party.
 
#7
It'll probably wind up being £399 million for consultancy fees, PFI training contracts, new 'Smart GWoT Information Systems' (original estimate £3.50 and a bag of Werthers Originals) and some high-tech gimmickry for crabair to swan around in.
 
#8
In this economic cycle, current spending and revenues show a surplus of £11bn...
Excellent! Plenty to spend on properly functioning and fit-for-purpose equipment, housing, medical care etc for service personnel... :shakefist:
 
#9
It looks like this is additional funding from the contingency fund to pay for UORs. I understand that it will not be added to the main budget. Also bear in mind the 3% efficiency savings across Govt. Effectively he's just CUT the defence budget - AGAIN!
 
#10
Orwellian isn't it?
 
#11
jim30 said:
It looks like this is additional funding from the contingency fund to pay for UORs. I understand that it will not be added to the main budget. Also bear in mind the 3% efficiency savings across Govt. Effectively he's just CUT the defence budget - AGAIN!
Wash your mouth out.....

The spin is that he has again given the military staffs all the money they could possibly ever need!

Litotes
 
#12
How unkind you all are to Uncle Jxx sorry Gordon Brown.

Shocking ingratitude as Operational Allowances paid from 1 April 2006 are now confirmed as being exempt from Income Tax as are payments under the 2006 Armed Forces Redundancy Scheme

Wonder if the "cost" of those tax exemptions are somehow counted into the "extra" £400m?

Oooh let me think.................
 
#14
Read the Budget Report, guys! Page 169 says:

The Budget 2007 £400 million of provision for the special reserve in 07-08 as a prudent allowance against continuing international commitments in Iraq, Afghanistan and elsewhere and further allocates £200 million from the reserves in 2007-08 to support ongoing peacekeeping activity across (sic) the world.
It's a contingency fund... no doubt hedged by various rules which include the one about only being able to claim if accompanied by both great-grandparents!

Litotes
 
#15
Litotes said:
Read the Budget Report, guys! Page 169 says:

The Budget 2007 £400 million of provision for the special reserve in 07-08 as a prudent allowance against continuing international commitments in Iraq, Afghanistan and elsewhere and further allocates £200 million from the reserves in 2007-08 to support ongoing peacekeeping activity across (sic) the world.
It's a contingency fund... no doubt hedged by various rules which include the one about only being able to claim if accompanied by both great-grandparents!

Litotes
Hmmmmmmmm... Anyone else suspicious of "and elsewhere"?
 
#16
It'll probably be used to cover overspends already being made. Its a stomp-down 100% guarantee that it won't reach as far as the pointy end.
 
#17
By any reckoning this looks like a net cut in funding to the forces. Nice one, Kommissar - er, Gordon - and on the 4th anniversary of the Iraq invasion, too.
 
#18
caubeen said:
By any reckoning this looks like a net cut in funding to the forces. Nice one, Kommissar - er, Gordon - and on the 4th anniversary of the Iraq invasion, too.
You, Sir, are quite correct, unless of course, you are a she! The figures are published on page 299 of:

The 2007 Budget Report

but don't try downloading the 2MB file unless you have broadband.

So, the money devoted to Defence is:

2005-06 = £33.4bn (outturn)
2006-07 = £33.7bn (estimate)
2007-08 = £32.8bn (projection)

That looks like a drop of 0.9bn (about 3%) to me....

I admit to being sad, even though I have a beer in my hand....

Litotes

hic..
 
#19
Worth noting though that the CSR isn't yet issued - its possible we may see a small rise - possibly 1% in real terms to counter pressure on the Govt over defence.
 

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