The Potential Role of Cryptocurrencies in Military Operations

Introduction Cryptocurrencies, exemplified by Bitcoin and Ethereum, have stirred the financial realm since their genesis. Predominantly utilised in finance and commerce, these digital currencies harbour possibilities that far outreach their customary domains. This article scrutinises the conceivable role that cryptocurrencies can and do play in military endeavours, spotlighting the merits, potential implementations, and impediments that… Read More

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What is a Military Budget?

Introduction A military budget (or military expenditure), also known as a defence budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defence purposes. A pie chart showing global military expenditures by country for 2019, in US$ billions, according to SIPRI. Financing… Read More

What was the Anglo-American Loan?

Introduction The Anglo-American Loan Agreement was a loan made to the United Kingdom by the United States on 15 July 1946, enabling its economy in the Second World War to keep afloat. The loan was negotiated by British economist John Maynard Keynes and American diplomat William L. Clayton. Problems arose on the American side, with… Read More

Financial Tips for After You Leave the Military

When it is time for you to leave active duty in the military, there are many things for which you must prepare. One of the important aspects is how to set yourself up financially – not only immediately after you transition to civilian life, but for the long-term as well to build up your nest… Read More

Mortgage Deal for Military Personnel

Mortgage adviser Matt Colley is waiving broker fees for military personnel and veterans as a way of thanking them for their service to community and country. The 45-year-old, founder of Bristolbased Moving Experience, is offering the same deal to medical staff after his children received treatment in the neonatal intensive care unit at Southmead Hospital.… Read More

Reserve Training Completion Bonus Extension

Eligibility for Reservists to claim their training completion bonus has been extended to 31 March 2021. To receive each of the scheme’s two £1,000 payments, new entrants must complete phase one training by this date and phase two training by 31 March 2023. All other Reserve financial incentives are now closed, including the Reserve commitment… Read More

Research into Financial Hardship & Food Poverty within the Military Community Launched

A two-year research programme to look into financial hardship and food poverty within the military community has been launched. Part-funded by the Armed Forces Covenant Fund Trust, the study will work closely with SSAFA to collect and analyse data from serving personnel, veterans and families of all three Services. Lieutenant General Sir Andrew Gregory, the… Read More