DISCLAIMER: I began to consider this for the '25 pdr in tanks' thread, but decided to start a new thread. Now PLEASE, can we avoid the standard 'Sargent is an Anglophobe' and 'the 25 pdr is the best gun in the world' posts? I KNOW the 25 pdr was/is a great gun. What I am looking for is whether its adoption was benefical to the British war effort as a whole.
25 pdr problems:
1) It introduced a new caliber just when a major war was coming. Now this isn't hindsight, they knew a war was coming, that's the only reason they got the 25 pdr. The 25 pdr required new tooling for tubes, carriages, and ammunition = major production problem.
2) It effectively took the 18 pdr out of service, first by having the most modern MkIV 18 pdrs converted to 25 pdr MkI, and then by taking 18 pdr ammo out of the development and production chain.
3) The improvement wasn't worth it.
4) IMHO a new field gun was not the most important need - explain this in a few minutes.
Alternatives:
1) Keep the 18 pdr. Large stocks of guns and ammo existed and presumably machinery in 18 pdr caliber existed; and
2) Develop improved shells for 18 pdr. The actual HE carried was not that different (there were so many 18 pdr shell types that exact comparisons are difficult). The R&D effort that went into 25 pdr shells could have made improved 18 pdr ammunition.
3) Better carriages for the 18 pdr; I am not so much arguing that the existing guns be retained, but that the caliber be retained for production and inventory reasons. The tubes were the important part; new carriages were pretty easy in comparison but new barrel-making plants and rifling machines present production difficulties. The old guns could be initial and emergency equipment and improved 18 pdrs become the standard field gun. New propellant charges and higher elevation could have made the 18 pdr capable of matching the 25 pdr's increases in range over the WW1 18 pdrs.
4) Develop a whole new caliber. The Brits had made a prototype 105mm howitzer Between The Wars. I don't particularly like this, you have the same production problems as with 25 pdr. The only real advantage would be caliber compatability with the French (and later the US, but that's hindsight).
5) Improve the 4.5" howitzer. Now this was a great little gun, but it had poor range. However a new gun in the same caliber could have come out performing like the Soviet M1938 122mm (if I was doing the 'go back in time' bit, I'd take M1938 blueprints along
6) IMHO the HE delivery advantages of a new 4.5" howitzer would more than cancel out the advantages gained from going from 18 pdr to 25 pdr.
7) This would mean having two calibers instead of one in the FA regiments, but the Brits had managed to get through WW1 with two calibers and everybody else managed WW2 with two calibers (or more).
Summation:
The 25 pdr adoption created problems in supply of ordnance and ammo in the early war years. Improving the 18 pdr while still making sure it could use up all that nice available old ammo would get improved performance with fewer production and supply problems. A new 4.5" Howitzer presents the same advantages of existing production machinery and ammo stocks, but offers improved HE delivery over the 25 pdr.
The British needed improved artillery, but it is my contention that they could have gotten it quicker and easier without introducing a new major caliber that was incompatable with anything else in service.

I didn't do it. I didn't take no guns. Don't bother to look in the trunk, nuthin' there, occifer.