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MoD 'reprieve' on £1bn fund gap
The Ministry of Defence (MoD) has won a
reprieve on its £1billion funding gap
this year, the BBC understands.
The Treasury and MoD have agreed on
measures to be taken this year in a
deal apparently brokered by Downing
Street, the BBC's Caroline Wyatt said.
Some spending will be either frozen or
postponed. The Treasury stressed there
has been no extra funding for the MoD.
Under the strategic defence review
announced in October, defence spending
is set to fall by 8% over four years.
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