Trident – time for a real debate?
The Defence Secretary, Dr Liam Fox, has recently announced the approval of the Initial Gate Business Case for the replacement for the Vanguard Class nuclear submarines. The contracts for this phase are likely to be in the region of £3bn. However, the Defence Secretary admitted that the total cost was likely to reach £25bn by the time the boats are built. Given that the initial estimates prepared in 2006 were in the region of £15–20bn, the sceptics around Whitehall, who are well used to Ministry of Defense (MoD) 'guesstimations', anticipate the final bill being closer to £38bn.