Britain denies report nuclear deterrent to cost 167 billion pounds

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Britain's defense secretary on Tuesday denied that the overall cost of replacing and maintaining Britain's nuclear deterrent would reach 167 billion pounds ($252 billion), saying it would be less. In October, Reuters reported the cost would reach 167 billion pounds over its three decade long lifespan, much more than expected for the Trident nuclear deterrent, according to a lawmaker's and Reuters' calculations based on official figures.