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Question is, who is this a deterrent against? Only other nuclear powers.
Russia? We can just blow the shit out of them with conventional weapons, don't need this.
China? We'd fucking lose, a hundred-fold. Only deterrent against China is a very strong Europe, so let's get back to the table.
USA? These submarines carry their missiles, and they'll just remote-disable the fucking things.
France? They've got more nukes than we do, and honestly I can't see us ever being at war with them again.
Israel? Can't see any global power actually taking them to task for their genocide.
Conclusion: useless. On the basis that they're a stupidly expensive left-over from the cold war, might as well cancel it, invest half of the money into conventional boom, and pocket the rest.
And what's stopping them from escalating with nuclear weapons, if not a strategic nuclear deterrent? Also, you may be severely overestimating the conventional forces of the UK.
Ngl, Nukes off the table and no external support, Russia would steamroll the UK. Its not even funny how badly.
Forget ever competing against China. All of Europe combined is still irrelevant once you factor in China's industrial base.
Isn't that 2020 thinking?
Ukraine has show how they are vulnerable.