MoD faces £2.9bn nuclear funding gap, say auditors

Photo of MoD faces £2.9bn nuclear funding gap, say auditors

Auditors say fragility of programme could destabilise entire MoD equipment plan

Britain’s nuclear defence programme is projected to cost nearly £51bn over the next decade and there is a significant risk that the figure could increase further, according to Whitehall’s spending watchdog.

The National Audit Office found that the Ministry of Defence faces a £2.9bn black hole in its finances as it seeks to produce and maintain the submarines that carry Trident missiles and their warheads.

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