UK royal yacht could cost taxpayer £50m more than initially said

Defence secretary says Britannia replacement would cost up to £250m at event to launch project

Britain’s new royal yacht could cost the taxpayer an initial £50m more than previously indicated at a total cost of £250m, the defence secretary said at an industry event to launch the project.

The replacement for the long-scrapped Britannia, a brainchild of the prime minister, Boris Johnson, would be commissioned at “between £200m and £250m at a firm price”, Ben Wallace told a specially convened conference at Greenwich.

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from The Guardian https://ift.tt/3rE9Jys