The peace dividend is proving mighty expensive for the British Army, as Management Today discovered on a trip to Bovington, home of the Royal Armoured Corps. As our reporter wielded the joysticks of a Challenger 1 tank, he noticed that nearby workshops were filled with veteran 30-year-old Chieftains. A soon-to-be-made redundant captain explained that the army, which has to dispose of the tanks under the arms reduction treaty, could not afford to do so by cutting them up at a cost £30,000 each. The latest wheeze is to fill the tanks with concrete and lower them into the sea off nearby Weymouth, where they will be incorporated into sea defences. It's a novel way of turning swords into ploughshares.