Royal Yacht Britannia: International Trade Debate
Full Debate: Read Full DebateMark Francois
Main Page: Mark Francois (Conservative - Rayleigh and Wickford)Department Debates - View all Mark Francois's debates with the Department for International Trade
(7 years, 10 months ago)
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That is absolutely correct. I propose that any new royal yacht would again offer a multitude of services, whether as a trade envoy, a hospital ship or a research and development vessel for our science and industry.
There are several proposals for what type of ship we should build, as well as proposals to recommission the existing royal yacht Britannia, which stands proudly in Leith docks. They should all be explored, but I will talk about my personal preference, which is to build a new royal yacht along the lines of the proposals put to the Government in the 1990s. The future royal yacht project envisaged a new ship that would be slightly smaller than Britannia but similar in design. Crucially, it would have an increased range and a much-reduced crewing requirement and would be much cheaper to run. It has been estimated that the ship would cost about £100 million to construct and could be funded either through private donations—for example, by giving industry naming rights for certain decks and rooms—through a private finance initiative model or through public fundraising.
The final idea of the future royal yacht commission was that the Bibby shipping line would construct a new royal yacht, with the Government putting no money whatever toward its construction. The Government would then use it on a bareboat charter basis for 12 years at an estimated cost of £7 million a year. After the initial 12 years’ use had expired, the yacht would become the property of our nation. While those charter figures are historical and may be out of date, I believe that the different ideas out there about how the yacht could be funded show that there are many ways in which we could commission a royal yacht with no up-front cost to the taxpayer.
The reason why I believe a new royal yacht is preferable to recommissioning the existing royal yacht Britannia is that such a vessel is about our country’s future, not its past. It should be a shop window for what is best about British shipbuilding. I imagine the engines might be provided by Rolls-Royce or Perkins, while the hull would be constructed using British steel in a British shipyard. The IT and communications system would be the best that Silicon roundabout in London could offer. It would be a thoroughly modern ship, reflecting a modern nation and a modern monarchy that is willing and able to serve Britain across the globe.
Today’s debate is an opportunity to show that a new royal yacht commands significant public support. British industry is already calling for the opportunity to showcase its world-beating ingenuity and engineering talent across the globe. Financial backers have come forward with ideas about how the royal yacht could be paid for, and more than 100 Members have signed a letter, published in The Daily Telegraph, calling on the Government to set up a commission to look at what service a royal yacht could provide our nation.
The people backing the campaign are not self-interested or driven by preferment. They want to make the dream of a new royal yacht a reality, and they offer their service to our nation without hesitation. That is why I hope the Minister will agree to set up a Government commission to carry out a full cost-benefit analysis of the contribution that a new royal yacht could make to our nation. That commission would act as a rallying point for all those who are interested in the project. It would be a place for people to offer their help and expertise and a place for those who are willing to make a significant financial contribution to try to make this happen.
In the long history of the Government’s involvement with the renewal of the royal yacht, offers of help have all too often gone unanswered. Expertise has been lost and opportunity upon opportunity has been missed. Brexit is a new chapter in our nation’s story, and I hope that the Government will be able to match the hope and optimism demonstrated by its people.
I commend my hon. Friend on his campaign, which I and more than 100 of my colleagues wholeheartedly support. He has mentioned the Government’s relationship with the royal yacht. In view of the clear advantages that a new royal yacht could provide in fostering trade and international relations, does he agree that it might be appropriate if a number of Government Departments were to share the running costs—not least the Department for International Development, which has a rising budget?
I agree wholeheartedly with my right hon. Friend. It is interesting that some of the countries to which we have recently given, and continue to give, international aid have their own state yacht. India has a state yacht, and it was a recipient of international aid from this country until recently. The Philippines has a state yacht. Turkey has a state yacht. Here in Britain—the fifth largest economy in the world, as I said earlier—we feel it is something we cannot afford. Personally, I think that is a national disgrace.