UNIONS raised “real concern” over plans to cut departmental capital budgets to fill a £4.7 billion blackhole in the defence investment plan today.Chancellor John Healey also announced he would adopt an approach of “looking ​hard at public spending” to meet the Nato commitment of ​spending 3.5 per cent of GDP on defence by 2035.TUC general secretary Paul Nowak warned “any cuts to departmental capital budgets will be met with real concern” and it is “vital” ministers engage with public-sector unions to reverse the impact of austerity ahead of the Spending Review.

UNIONS raised “real concern” over plans to cut departmental capital budgets to fill a £4.7 billion blackhole in the defence investment plan today.

Chancellor John Healey also announced he would adopt an approach of “looking ​hard at public spending” to meet the Nato commitment of ​spending 3.5 per cent of GDP on defence by 2035.

TUC general secretary Paul Nowak warned “any cuts to departmental capital budgets will be met with real concern” and it is “vital” ministers engage with public-sector unions to reverse the impact of austerity ahead of the Spending Review.

From Morning Star via This RSS Feed.