UK's new aircraft carrier costs double
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The cost of bringing the Queen Elizabeth-class (QEC) aircraft carriers into service is due to rise another £800 million, meaning the Royal Navy’s flagship programme will cost at east £6.2 billion, which is almost double the original £3.5 billion estimate.
The defence secretary Philip Hammond is due to announce the price hike later this week and is set to blame the spiralling costs on a poorly conceived contract that his government inherited from the previous admini...
