Part of Oral Answers to Questions — Defence – in the House of Commons at 12:00 am on 29th November 1988.

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Photo of Mr George Younger Mr George Younger , Ayr 12:00 am, 29th November 1988

I cannot agree with the hon. Gentleman. First, the cost of Trident is not escalating, but de-escalating. In the last year's repricing there were real reductions of £376 million and a foreign exchange rate reduction of £258 million. That has meant a real reduction of nearly £2 billion since the programme was first announced. The hon. Gentleman's question does not have any teeth.