Financial Times FT.com

UK bid to offload Eurofighter jets it cannot afford

By Stephen Fidler, Sylvia Pfeifer and Alex Barker in,London

Published: August 20 2008 03:00 | Last updated: August 20 2008 03:00

The UK has held talks with other countries, including Japan, about offloading large numbers of Eurofighter Typhoons that the Ministry of Defence has ordered but can no longer afford.

The discussions, which are at an early stage, underline the size of the cash crisis facing the ministry, which has been grappling with an estimated budget deficit of £2bn ($3.7bn).

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