Once again, the short-sightedness of NuLab's relentless decommissioning of RN vessels is becoming apparent. No-one is about to suggest that Russia will become a principal conventional threat to the UK, but if it increases its strength in the Med - where we have several sovereign assets - we could find ourselves in a very, very weak position.
The RN is like an insurance policy. It might be expensive, but it's there to guard against disaster. When you start to chip away at it, disasters become more expensive. You wouldn't halve your home insurance in the face of increasing floods, so why halve the Navy in the face of increasingly powerful fleets in Russia and the Far East?