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George Osborne, the UK chancellor, announced that £500 million is to be spent on a nuclear submarine base in Scotland, securing or creating over 6,700 jobs and protecting the country. This may sound impressive. But, when examined, his claims ring hollow.
As I write, it is unclear whether the Conservatives will have an overall majority. If not, I suspect they will try to rule as a minority government, although they may try some sort of deal. In the latter case, they could well be defeated in Parliament on at least some issues. In the former, they will still be vulnerable to rebellion from their own fractious backbenchers.