Without heading into a tank vs. tank discussion, I think it's fair to say that the LEOII would have been a quite functional tank for the british army. (Though my personal oppinion is that the LEOII was and is and will stay a superior tank to the ChallII just like the export markets seems to think, but that is beside the point)
It's also quite fair to suggest that a purchase of the LEOII would have been significantly cheaper on the british taxpayer, instead of inventing the soup ball twice.
Also the maintenance and running upgrades of the weapon system would probably also have been a lot cheaper since it would have been in coorperation with the many different users of the system (Germany, Holland,Poland,Sweden, Greece, Denmark, Canada, Spain (did I leave somebody out?).
The T45, yes they wanted the Lions share for BAe and France and Itally surprisingly disagreed. The radar issue became a non-issue as france offered a compromise that essentially meant that Britain could have the radar system they wanted - but that apparently weren't enough. In my humble oppinion because it was not about specs, but about british industrial politics. The end result was, as the story often is in Europe, sad. France and Itally finished the units in construction and dished the project because it had becomed too expensive. To the joy of politicians on election in certain areas, UK went on, continually down sizing the amount of units as costs spiralled out of control.
France and Itally continues with the FREEM project, while UK sails into shipbuilding oblivion, in my humble oppinion British shipbuilding is in an end game, and throwing good money at it will only postpone the enevitable. But maybe I am wrong - I am f.ex. wrong if the new carriers arrives on schedule (if they get them at all) and not with massive budget overruns.
I will go as far as saying: There will be a cold day in hell before that happens.
Regarding FRES.
Had the UK went for f.ex. the Boxer solution, the soldiers would likely have had them now, when they are needed. Some might argue that the type is not needed at all. Perhaps, though I am under impression that the americans are quite happy for their Stryker (basically a Piranhia III with a lot of add ons/versions) I know that the danish army are enthuastically happy for their PIIIs and have not had a single fatallity in a PIII eventhough they have been hit with mines, IEDs, anti tank rockets etc. In exactly the same operational enviroment as the british in Helmand, Afgh.
I am not very interested in the specifics. I care about bang for the dollar and in europe we are very bad at that. The national centric approch lies in the heart of that problem, particulary with a couple of countries that havn't realised that the sun has set on their empires a loong time ago.
As for axeing the bundeswehr, wants the point of keeping large armoured brigades sitting on their arses in Europe standing-by to fight a hugely diminished Russian threat when the real fighting is being done by others on the plains of A-STAN. Countries have got to start planning and equipping for the next war, not the last.
With one hand I agree with you, with the other I disagree.
I think it's a priority that we are absolutely sure that Europe can easely defend the European NATO area against f.ex. the russians, now as well as in 10-20 years. When you have "covered the base" you can start thinking on "expeditions". Europe should be able to do both. It's not like we should prepare for actually fighting the Ruskies. It's more that we make sure that the ruskies think that it's an insumountable task to bring themselves in a situation where a war on paper would be equal. It's about pre'empting the arms race by demonstrating superiority from the beginning.