Although David Cameron said later that he didn’t mean it, there was no mistaking the sincerity when he told Adam Boulton that “We cannot be there for another five years having effectively been there for nine years already”. In my News of the World column today, I say that it’s pretty clear his Afghan strategy is to secure the earliest dignified exit. But I also say that this does not necessarily bode ill for defence more widely. I gather that George Osborne, fresh from the success of his Budget last week, is working on a plan that will freeze defence budget in cash terms (an 11% real terms cut over five years) thereby saving the military from the 25% average cut for non-ring fenced departments. In return, Liam Fox would be asked to offer up asset sales, probably in year three of four (as asset prices are expected to be on an upwards trajectory).
Fraser Nelson
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