Nuclear submarines face £6bn black hole

The Royal Navy’s nuclear submarine programme faces a potential £6billion funding gap over the next 10 years, with serious questions over whether the project can be delivered on time. The National Audit Office highlighted a series of risks to the Defence Nuclear Enterprise, which covers submarines, their weapons, power plants, as well as support and design work. The NAO’S report found a £2.9billion funding gap for the programme over the coming decade, even assuming the MOD delivers £3billion of planned savings.

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