Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will make an assessment of the effect of transferring the costs of upgrading or replacing the UK's nuclear deterrent from the Ministry of Defence to another Government accounting department; and if he will make a statement.

The like for like replacement of the nuclear submarine fleet is at the heart of the most recent SDSR and the funding settlement that accompanied it at SR15.

The Government has no plans to transfer the costs of upgrading or replacing the UK's nuclear deterrent from the Ministry of Defence to another Government accounting department at this time.