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Britain Pumps GBP500mln into Scottish Naval Base of Faslane
The Royal Navy’s submarine base at Faslane – home to Britain’s nuclear deterrent – is to receive a more than 500 million pounds investment grant from the Government, reports Reuters. Chancellor George Osborne says this move will safeguard 6,700 jobs at the Scottish site and create thousands more. Faslane would be the base for the new submarines. Osborne said: "Across Scotland, around 12,600 people work in defence and my defence spending commitments will secure these jobs." The Faslane naval base on the River Clyde, east of Glasgow, is home to the fleet of four Vanguard-class submarines, one of which is on patrol at all times, that form Britain's 'Trident' nuclear deterrent. http://www.marinelink.com/news/scottish-britain-gbpmln397064.aspx
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