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Page last updated at 06:26 GMT, Tuesday, 30 June 2009 07:26 UK

UK 'can afford' nuclear deterrent

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The UK should consider slashing defence spending by up to £24bn and revisit plans to renew its Trident nuclear deterrent, a report from think-tank the IPPR says. Business editor Robert Peston and Armed Forces minister Bill Rammell discuss if Britain can afford the defence equipment it intends to buy.

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