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