UK's Financial Turmoil: Voters Shift, Defence Spending Scrutinized, Office Values Plunge

The Financial Times outlines significant challenges in the UK: a third of Conservative voters shifting their support since January, the Ministry of Defence scrutinized for wasting millions on advice for a delayed radio system, and a property group warning of depreciating office values. Additionally, Labour faces a hefty bill for public sector pay deals.

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

- Conservatives have lost a third of their voters since January, poll finds - UK's MoD accused of wasting 174 million pounds ($219.87 million)on advice for army's new battlefield radio

- Property group boss likens UK office values to 'melting ice cubes' - UK's Labour facing 7 billion pounds bill to fund public sector pay deals if it wins election

Overview - UK's Conservatives have lost up to a third of voters who planned to back the party just four months ago, according to an Ipsos poll for the Financial Times that points to high levels of volatility ahead of the UK election on July 4.

- UK's defence ministers have been accused of wasting nearly 175 million pounds on external advice on a new communications system for the British army that is already mired in delays. - Office buildings are like "melting ice cubes" for investors because of how fast they are depreciating in the current market, according to the chief executive of one of the UK's largest listed landlords, LondonMetric.

- A new Labour government would need to find at least an extra 6 billion pounds ($7.58 billion)to 7 billion pounds ($8.85 billion)to fund pay deals due immediately after the election if it wanted to prevent public sector workers falling further behind according to an estimate, from the Institute for Fiscal Studies. ($1 = 0.7914 pounds) (Compiled by Bengaluru newsroom)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)