
Six destroyers and frigates and two other vessels are expected to be put into reduced readiness, known as mothballing, to achieve urgent savings of more than £250m. It can take up to 18 months to bring mothballed ships back into service.
The armed forces have been told to save more than £250m this year, and £1 billion by April 2008, amid a “rebalancing” of the Ministry of Defence’s (MoD’s) spending plans, defence sources disclosed.
The MoD will also cancel the last two of the eight Type-45 destroyers the navy was supposed to get. The navy was promised the government would provide these in exchange for cutting 15 major ships in 2004, sources said.
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