Defence capabilities prioritised over Johnson’s £250m ‘vanity project’ for successor to HMY Britannia

Rishi Sunak has sunk plans by Boris Johnson’s administration to build a new royal yacht, sparking criticism about the £2.5m of taxpayers’ money already spent on the “vanity project”.

As Whitehall braced for cuts expected in Jeremy Hunt’s autumn statement next week, the project – intended to promote post-Brexit trade – was abandoned in favour of defence capabilities.

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