The old Royal Navy is no more because the empire that supported it is no more. Britain is no more than a second tier regional power. It is only waisting resources by trying to continue to play the part of a world power by building what is nothing more than a prestige ship.
“Britain is no more than a second tier regional power.”
Britain’s per capita GDP is so low that if we let it enter the Union as a state, it would be the poorest state in America. It is a bit like expecting Mississippi to be a global power...
https://mises.org/mises-wire/britain-france-and-spain-poorer-mississippi