"Economic changes after the vote to leave the European Union could see the defence budget reduced in real terms, a committee of MPs and peers says.
The Joint Committee on the National Security Strategy says security review planning, conducted once or twice a decade, should begin "immediately"."
So if you're in charge of theoretical SDSR16, where would your axe fall? How much more of a hammering can we take?
Oh, and you're not allowed to touch manpower levels apparently "[T]he committee says that "the manpower fielded by the UK armed forces is inadequate bearing in mind the range, complexity and potential concurrency of tasks expected of them".".
Link: http://www.bbc.co.uk/news/uk-36756877