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Royal Yacht branded ‘vanity project’ by Labour shadow defence minister.

Labour’s shadow defence minister for procurement has dubbed the new royal yacht as nothing more than a vanity project.  

Chris Evans MP questioned why, in the wake of a £17.5 billion black hole in its finances, the MoD has procured the new Royal Yacht. 

In a surprise announcement last week, the Prime Minister announced a £200 million trade vessel funded by the MoD and crewed by the Royal Navy, dubbed the ‘Royal Yacht mark 2’. 

Mr Evans said: “at a time when the MoD is facing a blackhole in it’s finances, it’s amazing the PM has taken the decision to fund the new Yacht out of already stretched budgets. 

“Once again it shows a Prime Minister who has failed to get grip on reality. The last thing the MoD needs is a spending commitment on what is nothing more than a vanity project.