Question to the Ministry of Defence:

To ask the Secretary of State for Defence, what discussions he has had with the Chancellor of the Exchequer on which department is responsible for potential (a) risks and (b) overspend in respect of the procurement of the proposed Royal Yacht.

The management of risk and budget will be the responsibility of the Ministry of Defence. The National Flagship will be delivered in the same way as other shipbuilding programmes run by this department.