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Defence Secretary John Healey has been accused of “failing to deny £2.6 billion of cuts” to defence by the Conservatives.

Tory frontbencher David Reed told MPs that “multiple media outlets” have suggested that the Ministry of Defence (MoD) will be asked to make cuts of that size this financial year.

It comes after reports in October that defence chiefs were projected to overspend on their budget by £2.6 billion unless they make drastic cuts, according to a leaked document seen by the Telegraph.

Mr Reed said: “We all know that the Government cannot deliver a strong de

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