Further cuts to UK's foreign affairs budget could be 'disastrous': lawmakers

February 27, 2015 12:04 AM

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LONDON (Reuters) - Britain's ability to project its global influence is threatened by spending cuts and further reductions to its foreign affairs budget could be "disastrous", a committee of lawmakers said in a report published on Friday.

Reducing Britain's budget deficit has been the Conservative-led government's key economic objective since it came to power in 2010 and both it and the opposition Labour party have said there will be more spending cuts whoever wins a May 7 election.

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