The Ministry of Defence has reportedly dropped plans for three new frontline military vehicles, resulting in a £2bn cut from the Army budget. This development comes as Chancellor John Healey prepares to deliver his first Budget on 28 October, aiming to address a shortfall in defence spending.
The Daily Telegraph reports that these cuts are part of Mr Healey's efforts to manage defence spending. The Times also notes that the Chancellor is expected to pursue a "steady as she goes" budget, resisting pressure for a large package of tax rises and public spending.