Cash-strapped Ministry of Defence expected to hand over military bases to private firm

Deepcut Barracks in Surrey: Due to close in 2016

The cash-strapped Ministry of Defence is expected to hand all its bases over to a private firm as military bosses struggle to balance the books.

The MoD owns 230,000 acres of land - including barracks, homes, military bases and airfields - managed by 2,500 staff.

But defence ministers facing an eight per cent cut in their

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