- June 21, 2021
- Posted by: Stratford Team
- Category: Business
Britain’s Minister of State for Business, Energy and Industrial Strategy Department Kwasi Kwarteng leaves Downing Street in London, Britain, September 4, 2019. REUTERS/Hannah McKay/Files
LONDON, June 21 (Reuters) – The British government’s plans to build a 200 million pound ($276.3 million) successor to the Royal Yacht Britannia, which was retired in 1997, are a good idea, Business Secretary Kwasi Kwarteng said 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.
($1 = 0.7239 pounds)
Reporting by Guy Faulconbridge; editing by Michael Holden
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