§ Mr. Tony BanksTo ask the Secretary of State for Defence what efforts have been made to raise private sector finance to construct a new royal yacht. [16259]
§ Mr. SoamesNo decision has been made on whether to replace Britannia and the Government have not invited contributions from the private sector to the costs of any replacement. A number of suggestions for a possible replacement have, however, been received from outside the Government, and some of these include private sector funding. The Government are continuing to consider the question of a replacement. An announcement will be made in due course.
§ Mr. BanksTo ask the Secretary of State for Defence what efforts have been made to raise funds from the private sector towards the financing of HMY Britannia; and if he will make a statement. [16258]
§ Mr. SoamesPrivate sector funding has not been sought for the operation of HMY Britannia. However, organisers of trade promotion events held on board the yacht meet all additional costs incurred, over and above normal running costs.