Britain abandons naval treaties in the late 1930s

If Britain dropped naval treaties as soon as Japan did, what fleet might it have by 1939 or 1941?

Britain could accelerate 15-inch capital ships and armored carriers, but industrial limits and reliance on earlier studies would shape the result.

Britain could not match the American Two-Ocean Navy programme because yards and supporting industry cannot expand instantly. Leaving the treaty system alongside Japan would also remove much of the political logic for the Anglo-German Naval Agreement and free Britain from the 14-inch compromise used in the King George V class. Earlier funding could bring a 15-inch capital-ship design and a roughly 27,000-ton armored Ark Royal study forward. Those ships would be based on work already available rather than the later designs that historical delay allowed to mature. The trade-off is more hulls sooner against less developed designs.