British military projects overspent by 1.7 billion pounds: audit
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Britain's 20 biggest military procurement projects ran 1.7 billion pounds (3.2 billion dollars, 2.5 billion euros) overbudget in 2003, the National Audit Office said.
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Evidence emerges of increasing concern over the scale of British army casualties in southern Afghanistan.
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The arms company BAE secretly paid Prince Bandar of Saudi Arabia more than Â£1bn in connection with Britain's biggest ever weapons contract, it is alleged today.
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Taxing Peter to overpay Paul Fraud and error in the tax credits system is costing the UK economy at least Â£1bn a year, according to MPs.â¦
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The scale of British military casualties in Afghanistan is being under-reported, a press report said, citing a report by a senior army officer.
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An attempt to merge police forces in the east of England cost more than Â£1m, the BBC learns.
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The U.S. government is at risk of squandering significantly more money in an Iraq war and reconstruction effort that has already wasted or otherwise overcharged taxpayers billions of dollars, federal investigators said Thursday.
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Britain is to announce that it will send up to 1,000 extra troops to Afghanistan, according to media reports Friday, sparking claims that it is being forced to take up the slack from its NATO allies.
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Â· Military spending to hit highest level since WWIIÂ· Plans will leave successor with spending headache
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BAE Systems says it has found out that it is being investigated by the UK's Serious Fraud Office.
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Government bodies have lost tens of millions of pounds in debts and fraud, a spending watchdog says.
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Bowman skewered Another UK defence procurement project has been excoriated in yet another damning Parliamentary report.â¦
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By ROBBIE DINWOODIE CHIEF SCOTTISH POLITICAL CORRESPONDENT  A GBP14M computerisation project completed by Scottish Enterprise last year is to be scrapped in favour of a new system costing GBP7m, prompting an MSP to demand an investigation by ministers.
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The U.S. Army should withhold some future payments to Halliburton  for work in Iraq due to billing disputes, a government auditor said on Wednesday, a move that could cost the contractor tens of millions of dollars.
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An economic assessment of shooting in the UK, leaked to the BBC, suggests it contributes more Â£1.5bn to the economy, and provides the equivalent of 70,000 jobs.
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The British government spent 1.75 billion pounds (3.20 billion dollars, 2.52 billion euros) last year to hire outside consultants, some of who were paid roughly 10 times that of a civil servant doing same job, a report said.
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Britain's budget deficit ballooned last month, when the public sector net cash requirement (PSNCR) rose to 10.8 billion pounds (15.5 billion euros, 19.5 billion dollars), the biggest September shortfall on record, official figures showed.