Telegraph: "Britain's Military Standing Slides, Warns Think Tank"

"Britain has slipped down a league table of military spending, a respected think tank has said, despite Coalition claims defence cuts would not harm the UK's international standing.

The International Institute for Strategic Studies (IISS) says Britain has slipped to fifth place behind Saudi Arabia in a ranking of defence budgets, after years of austerity cuts to the Armed Forces."

Britain's military standing slides, warns think tank - Telegraph

Giri Rajendran: 2013?s top defence-spenders | IISS


War Hero
The story is complete BS even by Telegraph standards. If you read the ISSS report it notes that this is purely down to exchange rate fluctuations meaning that the Saudis were pushed ahead on rates not actual expenditure. But never let the truth get in the way of a dit...