Defence Secretary Liam Fox
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LIVE: Liam Fox announces MoD changes

The Defence Secretary Liam Fox is expected to outline his vision for the future of defence policy, in an attempt to tackle waste and bureaucracy.

The overhaul is likely to see a cut in the number of senior officers, but critics have questioned cuts at a time of conflicts in Afghanistan and Libya.

Dr Fox will publish the findings of a report by Lord Levene, the chairman of Lloyds of London, into the structure of the MoD which BBC defence correspondent Caroline Wyatt says could lead to the biggest shake-up for a generation.