So, the great threats du jour are cyber-terrorism and international terrorism in the style of al-Qaida. Hmm… I can see why we’ll need a couple of new aircraft carriers to fend off those evil beasties, especially if HMG can’t afford to put any planes aboard them. Still, at least nobody’s talking about renting the (not yet completed) aircraft under a PFI scheme, along with the refueling tankers.
Meanwhile, in the name of “not giving in to the people who’ve been angered into action by our previous intrusions into their lives terrorists”, HMG has either got to carry on with business as usual (which means buying enough kit and posting enough troops in the right places abroad to placate the US government) or at least reassure everyone that’s what it intends to do as soon as it can print enough new money convince the markets it’s solvent again.
Personally, I doubt a mere 8pc cut in the MOD budget (while everyone else takes a hit of up to 25pc) will be enough to woo foreign creditors back in their droves. But at least as Remembrance Day draws near, we can all pause a while to give thanks for this country’s glorious victory over the evil Nazi supporters of “Guns before butter”, and encourage ourselves with the thought that the British people are far too noble and wise to fall for that old lie.