Austerity drive in UK hits monarch & military

The no-nonsense "deep" cut in public spending in the United Kingdom has reportedly hit the monarchy as well as the military , although the drastic reduction of defence expenditure is considered by the United States, which is Britain 's closest ally, to be still alright or acceptable. Earlier, USA's State Secretary Hillary Clinton reportedly "warned" that Britain's defence budget cut may undermine the North Atlantic Treaty Organisation (NATO) which is facing reassertive Russia and also Iran. The British armed forces are also still fighting alongside the USA -led military coalition against armed Islamists in tumultuous Afghanistan.

Public spending for monarch in Britain frozen