Royal Yacht

Lord Coaker Excerpts

Tuesday 13th July 2021 Lords Chamber

[Baroness Goldie (Con) [V]]

My Lords—[Inaudible]— the estimated bill cost for the new national flagship, it is unhelpful to refer to this as a royal yacht. In concept, purpose and function, the flagship is completely different. The estimated bill cost is less than 0.1% of the defence budget over the next four years, and that will be met from within the defence settlement. We are satisfied that that can be comfortably accommodated.

[Lord Coaker (Lab)]

My Lords, it is both disappointing and shocking that the Minister has now confirmed that the capital costs of building the flagship will be met from the defence budget. Does the Minister not understand that the core of the objections from many Lords in this debate is that the money is coming from the defence budget? If the Government are determined to go ahead with this, would it not be better for the MoD’s money to be spent not on this prime ministerial vanity project but on another maritime patrol aircraft or frigate? That is the nub of the questions that the Minister is being asked: why is this a priority for the MoD?

[Baroness Goldie (Con) [V]]

As I indicated, the MoD is one government department but we operate in conjunction with others. We consider it our duty to support these other government departments in their respective obligations and missions. As I also indicated earlier, the MoD spend on shipbuilding will double to over £1.7 billion a year over the life of this Parliament, while the national flagship is less than 0.1% of that defence budget over the next four years.