Liam Fox: Armed forces will stay strong and capable

Liam Fox, defence secretary, points to planned defence capability growth after 2015 and ability to armed forces to maintain their hard work:

"The extra money we have allocated for the equipment budget from 2015 will allow our defence capability to grow in the second half of the decade.

"Of course redundancies are always sad news, but we will continue to have strong and capable forces and we appreciate the hard work of our brave armed forces."