LONDON (UK) – The British government’s plans to set up a 200 million pound ($276.3 million) successor to the Royal Yacht Britannia, which was retired in 1997, are a good idea, said Business Secretary Kwasi Kwarteng on Monday.
“I think it is a good idea actually,” Kwarteng told Sky, though he said there was still a discussion in government over the plans. “It’s a huge amount of money.”
“What it does is it represents Britain – it is a symbol of Britain and if you are going on trade missions – that is exactly the way we would drive trade,” he said.