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Elizabeth Pearson
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Over a third of UK sourced defence contracts may be recovered by the Treasury in tax revenue
The UK government recovers over 35 per cent of the value of domestically sourced defence contracts in the form of taxation, revenue that would otherwise be lost to another government by buying foreign 'off-the-shelf' defence equipment according to a new briefing from the Royal United Services Institute (RUSI).
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ANALYSIS PODCAST: The Defence Pound

RUSI Analysis, 3 Feb 2012 By Elizabeth Pearson, Consulting Fellow

Defence spending cuts are rarely out of the news.  One of the ways of economising is for the UK's Ministry of Defence to spend money on so-called, 'off the shelf' systems.  But there could be problems with that.  In this podcast, Elizabeth Pearson talks to Dr John Louth, Deputy Head of RUSI's Defence Industries and Society Programme.  He's looked into the effects of buying off the shelf - and found it could be a false economy.

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Further Analysis: Defence Management, UK, Europe

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