Cost of replacing UK's nuclear submarines goes up 6bn pounds

Cost of replacing UK's nuclear submarines goes up 6bn pounds London (AFP) Nov 23, 2015 - The estimated cost of replacing the submarines which carry Britain's nuclear weapons has shot up by 6 billion pounds (8.5 billion euros, $9.0 billion), the government revealed Monday. The latest estimate of Pounds 31 billion features in the Strategic Defence and Security Review (SDSR), the government's five-year strategy for defence. That compares to a previous defence ministry estimate of Pounds 25 billi ... more

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