Trident renewal costs rise by £6 billion

The cost of renewing Trident has increased by 55 per cent since 2006 – an extra £11 billion – according to the new figures. Is that value for money, for something we’ll never use?

Debate over the renewal of the Trident nuclear programme is set to become even more intense after the Ministry of Defence disclosed the costs have jumped by billions of pounds.

David Cameron, announcing the outcome of the five-year strategic and security review in the Commons, pledged to maintain nuclear weapons as “our ultimate insurance policy as a nation” but failed to mention the new estimated cost.

The strategy document disclosed the cost of the proposed four nuclear submarines at £31bn, up from a projected cost of £25bn five years ago and £20bn in 2006.

Source: Trident renewal costs rise by £6bn, defence review reveals | UK news | The Guardian

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2 thoughts on “Trident renewal costs rise by £6 billion

  1. Pete B

    But the Tories are competent with finance,are they not?

    Navy Flagship HMS Ocean Quietly Scrapped By Government Despite £65 Million Refit Last Year.

    And tough on defence of the realm.

    George Osborne is expected to slash cops’ funding by at least 20% at tomorrow’s Autumn Statement

    The Tories defend banksters,not the little guy.

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