Cameron confirms deep defence cuts
David Cameron has insisted the coalition is protecting Britain's future security as he confirmed deep cuts to the armed forces.
The Prime Minister said the Ministry of Defence's budget would fall 8% in real terms by 2015, with army numbers dropping 7,000 and navy 5,000 over the same period.
The Nimrod aircraft programme will be cancelled and there will be fewer frigates and destroyers - but two aircraft carriers will be built.
Unveiling the results of the strategic defence and security review, the Prime Minister said it was "not simply a cost saving exercise", even though money was tight.
"This review sets out a step change in the way we protect this country's security interests," he added.