Now new Royal Yacht could cost up to £250m – and people aren’t impressed

Now new Royal Yacht could cost up to £250m – and people aren’t impressed

Estimates for the cost of the “vanityRoyal Yacht have increased and people are outraged.

The yacht, which was first announced in April to commemorate Prince Philip and will be used for trade and diplomatic missions, was previously reported to cost between £150m and £200m – small change then – but ,speaking at a National Flagship Engagement Day yesterday, Defence Secretary Ben Wallace said even more taxpayers’ cash could be required to build the “floating embassy”

“There has been a lot of reporting around this ship. Not all of it accurate,” he said.

“So let me set out our basic aims. Subject to working through bids, competition and technology, I aim to commission the ship for between £200m and £250m on a firm price.”


Wallace added that he wanted the yacht to be “British made” with a “British led design, built by British hands”.

He said construction on the boat begin as early as 2022 to “have a ship in the water by 2024 or 2025”, so that’s something to look forward to.

But not everyone is counting down the days for the boat to launch. The Labour Party, for instance, are not fans.

Shadow home secretary Nick Thomas-Symonds told Sky the prime minister had “lost control of his vanity yacht”.

“It is absolutely staggering that costs have rocketed by £100m in a week,” he said.

“Labour would scrap the government’s latest pet project and invest taxpayers’ money wisely to tackle crime and the surge in antisocial behaviour under this Conservative government.”

Meanwhile people took to social media to slam the project and point out that the sum could be spent on other things:

Tory MP Johnny Mercer even spoke out against the government’s plan:

That the Royal Yacht is pretty unpopular is not news. In May, a YouGov survey found that people disapproved of the plan by 47 per cent to 29 per cent.

Speaking to The Telegraph in June, leading naval architect Stephen Payne also said it was a “very poor” flagship for the UK and would be more suitable for the Isle of Sark, population 500.

“I just think we could do something more ambitious,” he added. “The superstructure front, akin to a 1950s Hull trawler, is great for a fair-weather ship but not such a good idea for a global voyager crossing the Atlantic, Pacific, or even rounding the tip of Africa”.

Numerous government ministers like former Health Secretary Matt Hancock (retro) and Kwasi Kwarteng were rolled out to defend the plans to journalists following this initial backlash but now that the price has been hiked up again the anti-yacht brigade has renewed their anger.

What a mess.

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