Healey pledges “new age of industrialisation” as Government backs British shipbuilding

British shipyards will be at the heart of two major maritime projects worth billions of pounds, helping to create high-skilled jobs, drive growth and strengthen the UK’s long-term industrial and national security capabilities.

Chancellor John Healey will pledge a “new age of industrialisation” for Britain today as he confirms the multi-billion pound projects will be built by British workers, supporting jobs and a pipeline of small British businesses. 

Healey will confirm that the Royal Navy’s submarine service at HM Naval Base Clyde will receive three new floating docks - known as Programme Euston - through a UK-only competition, in light of their importance to national security and sovereign British industry.

The new facilities will provide crucial maintenance for the UK’s current and future fleet of nuclear submarines, allowing essential inspections, upgrades and repairs to be carried out.

In addition to this, the Chancellor has also committed to funding for a new marine research vessel to help protect our seas. Set to be operational in the early 2030s, it will continue the delivery of core research on our seas and oceans, replacing the current vessel which is nearing the end of its life.

The evidence it collects will help ensure the security of our seas, support sustainable fishing and give coastal communities confidence that fish stocks are being managed for the future.