Today's idea is under active consideration by George Osborne according to The Times:
"The Shadow Chancellor and Liam Fox, the Shadow Defence Secretary, are in discussions over whether to include the A400M transport aircraft and the Future Strategic Tanker Aircraft (FTSA) programmes in a cuts package with potential savings of up to £3 billion, The Times has learnt. The £2.7 billion A400M is dogged by technical problems and is more than a year behind schedule. Abandoning the programme would endanger thousands of British jobs. But Mr Osborne is considering choosing cheaper existing aircraft instead of both the A400M and the FTSA as he searches for cuts to the defence project to be implemented under a Tory government."
Area: MoD
Saving: £3bn
Traffic light status: TBD
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Previous idea for saving: (5) Charge commercial interest rates on student loans
