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David Cameron 'will keep defence spending pledge' | David Cameron 'will keep defence spending pledge' |
(35 minutes later) | |
David Cameron will stick to a commitment to increase defence spending above the rate of inflation after 2015, it has emerged. | David Cameron will stick to a commitment to increase defence spending above the rate of inflation after 2015, it has emerged. |
The prime minister made the pledge in 2010, at a time when the coalition thought the structural deficit would be cut in this Parliament. | The prime minister made the pledge in 2010, at a time when the coalition thought the structural deficit would be cut in this Parliament. |
Government sources said he would not "resile" from it - despite plans for further spending cuts beyond 2015. | Government sources said he would not "resile" from it - despite plans for further spending cuts beyond 2015. |
Mr Cameron is currently on a trip to North Africa. | Mr Cameron is currently on a trip to North Africa. |
The renewed commitment comes as Defence Secretary Philip Hammond prepares to publicise the Ministry of Defence's £160bn equipment plan for the next 10 years for the first time. | The renewed commitment comes as Defence Secretary Philip Hammond prepares to publicise the Ministry of Defence's £160bn equipment plan for the next 10 years for the first time. |
Equipment list | |
The list includes nearly £36bn for a new generation of nuclear-powered submarines, almost £19bn for combat aircraft, and around £17bn for Royal Navy warships. | The list includes nearly £36bn for a new generation of nuclear-powered submarines, almost £19bn for combat aircraft, and around £17bn for Royal Navy warships. |
Mr Hammond will say he has finally eliminated a "black hole" in the defence budget that the coalition government says it inherited from the former Labour government. | Mr Hammond will say he has finally eliminated a "black hole" in the defence budget that the coalition government says it inherited from the former Labour government. |
Last week, Chancellor George Osborne said government spending cuts must continue until 2017 - the latest GDP figures showed the UK economy shrank by 0.3% in the last three months of 2012, fuelling fears the economy could re-enter recession. | Last week, Chancellor George Osborne said government spending cuts must continue until 2017 - the latest GDP figures showed the UK economy shrank by 0.3% in the last three months of 2012, fuelling fears the economy could re-enter recession. |
Many Conservative backbenchers have been pushing for the MoD to be exempt from the next round of reductions - and Mr Hammond himself is said to be resisting any further cuts - especially after the recent hostage crisis in Algeria and the Western intervention in Mali. | Many Conservative backbenchers have been pushing for the MoD to be exempt from the next round of reductions - and Mr Hammond himself is said to be resisting any further cuts - especially after the recent hostage crisis in Algeria and the Western intervention in Mali. |
BBC political correspondent Iain Watson said: "There are particular tensions over departmental budgets for the financial year 2015/16 which haven't yet been finalised, but which will come into effect just before the next general election." | BBC political correspondent Iain Watson said: "There are particular tensions over departmental budgets for the financial year 2015/16 which haven't yet been finalised, but which will come into effect just before the next general election." |
He said other government departments were now likely to be concerned that the "spending axe" will cut more deeply into their budgets. | He said other government departments were now likely to be concerned that the "spending axe" will cut more deeply into their budgets. |
But, our correspondent added: "Defence spending will still be 8% lower by 2015 than it was when the government came to power." | But, our correspondent added: "Defence spending will still be 8% lower by 2015 than it was when the government came to power." |
Security partnership | Security partnership |
On a visit to Algeria on Wednesday, David Cameron said that the international community should use "everything at its disposal" to fight terrorism. | On a visit to Algeria on Wednesday, David Cameron said that the international community should use "everything at its disposal" to fight terrorism. |
He also announced that the two countries had agreed a security partnership, including co-operation on border and aviation security, as well as joint action on trade, investment and education. | He also announced that the two countries had agreed a security partnership, including co-operation on border and aviation security, as well as joint action on trade, investment and education. |
The UK has also invited Algeria to participate in a joint contingency planning exercise to share experience in responding to crisis situations, in the wake of the gas plant hostage crisis in which up to six Britons died. | The UK has also invited Algeria to participate in a joint contingency planning exercise to share experience in responding to crisis situations, in the wake of the gas plant hostage crisis in which up to six Britons died. |
The UK announced on Tuesday it is to send 330 military personnel to Algeria's neighbour Mali and west Africa to support French forces battling Islamist militants. | The UK announced on Tuesday it is to send 330 military personnel to Algeria's neighbour Mali and west Africa to support French forces battling Islamist militants. |
The deployment will include as many as 40 military advisers in Mali and 200 British soldiers in neighbouring African countries, to help train the Malian army. | The deployment will include as many as 40 military advisers in Mali and 200 British soldiers in neighbouring African countries, to help train the Malian army. |