Cuts to defence budget 'would hit economic recovery'

摘要

Engineering companies of all sizes would suffer severe impacts from the cancellation of a big-ticket defence programme, industry experts have warned.rnThe Society of British Aerospace Companies (SBAC) is concerned that both the existing government and any future Conservative administration could slash defence spending as a means of cutting the mounting public debt.rnThe sense of unease was heightened last week by the publication of a report from the influential Institute for Public Policy Research think-tank which said that £24 billion worth of future defence equipment spending should be reviewed.