Royal Yacht questionpublished at 15:31 British Summer Time 26 October 2016
Oral questions
House of Lords
Parliament

The last Royal Yacht, Britannia, prior to it's decommissioning in 1997
Conservative Lord Forsyth of Drumlean asks what consideration the government is giving to comissioning a new Royal Yacht. The campaign has been backed by Tory MPs and the Daily Telegraph, who argue a new ship could be a "floating embassy" for striking trade deals post-Brexit.
The last Royal Yacht, Britannia, was decomissioned in 1997.
Answering for the Ministry of Defence, Earl Howe says "the government has no requirement for a Royal Yacht" to laughter from peers.
Lord Forsyth says that when he held meetings abroad with foreign industrialists on the Royal Yacht as a minister "they weren't coming to see me". He asks what possible objection the government could have to a "privately funded" cost-benefit analysis.
Earl Howe tells Lord Forsyth he "underestimates his pulling power".
On the question of a cost-benefit analysis, he says it would still leave a question of how it would be paid for, and says that paying for it out of public funds would not be justifiable.