The Triton

News

Tory MPs call for lottery to fund new royal yacht

ADVERTISEMENT

Fifty conservative members of the British parliament have written a letter to Prime Minister Theresa May’s cabinet urging them to launch a lottery game to pay for a new royal yacht, estimated at 120 million pounds.

Tory MPs who signed the letter said a lottery would allow the public to feel “the pride of having a stake” in the boat, and that with the country leaving the European Union, “there has never been a better time to consider how Britain projects herself on the world stage,” according to news reports.

“We believe that now is the time to commission a new Royal Yacht Britannia as a new symbol of global Britain, designed and built domestically to showcase the best of UK shipbuilding and industry, and as a platform for promoting trade,” the letter stated.

The old royal yacht was decommissioned by the Labour party in 1997 when then-Prime Minister Tony Blair decided repair costs were too high. The HMY Britannia had been used by the Queen and royal family on official visits for 40 years, traveling more than a million miles at sea.

Related Posts...
The U.S. Army Corps of Engineers has awarded an $8.55 Read more...
The Florida Department of Transportation issued a feasibility study for Read more...
A charter cruise aboard a Miami yacht was abruptly ended Read more...
A 20m yacht burned today, June 17, near Porto Venere, Read more...
Ice loss in Antarctica has tripled in a decade, pouring Read more...

Share This Post

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Editor’s Picks

Secure at Sea: The growing pains of cyber-security

Secure at Sea: The growing pains of cyber-security

Secure @ Sea: by Corey Ranslem When I heard about it, I was amazed but not surprised. The high-roller database at a major casino …

Crew Compass: Make time for yourself

Crew Compass: Make time for yourself

Crew Compass: by Lauren Loudon One thing that I’ve found difficult on boats over the years is making time for myself and doing things …

Latest news in the brokerage fleet: Bandido sells; Saint Nicholas, Rock.It listed

Latest news in the brokerage fleet: Bandido sells; Saint Nicholas, Rock.It listed

Yachts sold M/Y Bandido, a 137-foot (41.8m) Westport launched in 1989, sold in an in-house deal by Ocean Independence broker Chris …

Derecktor, Haack bid for Fort Pierce yacht facility

Derecktor, Haack bid for Fort Pierce yacht facility

By Dorie Cox Two bids to develop a megayacht repair facility in Fort Pierce, Florida, are under evaluation. Derecktor Holdings Inc. and …