...... Charles the turd, deprived of his floating gin palace !!! Government cancels Brexit trade yacht plan ‘with immediate effect’ Defence secretary says competition has been ‘terminated’ Jon Stone Policy Correspondent 18 hours ago 45 Comments An artist’s impression of a new national flagship, which was to be the successor to the Royal Yacht Britannia (MoD/PA) (PA Media) The government has cancelled its plans to build a Brexit trade yacht with "immediate effect", the defence secretary has announced. Speaking in the Commons on Monday Ben Wallace said the competition to construct a national flagship had been "terminated".