UK’s Defense Budget Cut by $7.4 Billion and Reviewed
UK has fourth-largest military budget in the world, but has cut it by 8 percent, or 7.4 billion pounds.

British Prime Minister, David Cameron, leaves to attend the weekly Prime Minister's Questions at the House of Commons, from 10 Downing Street, in central London on October 20, 2010. Leon Neal/AFP/Getty Images
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