Defence sham: Britain’s commitment to spend 2% on defence is an ‘accountancy trick’
THE UK will be able to keep to its commitment to spend two per cent of its national income on defence only because of accountancy tricks, it was claimed today.
Chancellor George Osborne has made "significant changes" to the way Britain calculates its military budget to reach the NATO target, according to a Royal United Services Institute (RUSI) report.
For the first time the budget now will take into account war pensions, contributions to the UN peacekeeping missions, payouts to retired civil servants and Ministry of Defence income.
But Professor Malcolm Chalmers, director of UK defence policy at the defence and security think thank RUSI, said the new spending definition could undermine the credibility of Nato's target.
http://www.express.co.uk/news/uk/59...ing-Nato-2-per-cent-Chancellor-George-Obsorne