UK's Nuclear Deterrent

Part of Terrorist Attack: Nice – in the House of Commons at 5:23 pm on 18th July 2016.

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Photo of Crispin Blunt Crispin Blunt Chair, Foreign Affairs Committee 5:23 pm, 18th July 2016

Let me dispose of this part of my speech. The updated figure is now £179 billion —these are the Government’s own figures—based on capital costs of £31 billion, with a £10 billion contingency, and the Government’s assumption of about 6% of the defence budget as running costs, assuming a 32-year in-service life. That comes to a total of £179 billion.