UK Cuts Armed Forces, Withdraws From Germany; Carriers Go Ahead
19 Oktober 2010 - 5:30PM
Dow Jones News
The U.K. will cut armed forces personnel, withdraw its forces
from Germany and press ahead with building two aircraft carriers,
Prime Minister David Cameron said Tuesday.
Cameron delivered the long-awaited strategic defense and
security review to the House of Commons, a program outlined earlier
this year to cut spending to address a gaping budget deficit.
Britain will cut 7,000 jobs from the army and 5,000 from each of
the Royal Air Force and the Royal Navy.
Forces will withdraw from Germany by 2020.
Two aircraft carriers will be built after Cameron said the cost
of canceling one of carriers was higher than the build cost.
-By Jonathan Buck, Dow Jones Newswires; +44 (0)207 842 9237;
jonathan.buck@dowjones.com
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