If all five King George Vs entered service by 1936, there would be less reason to modernize the Royal Sovereigns and more room to concentrate on selected Queen Elizabeths. Starting earlier would also give industry time to expand armour production and reduce a major bottleneck. Completed Lion-class battleships, and perhaps two or three Vanguard-type ships, would then be more plausible by wartime.
Notable Point · 2:39:01-2:40:00
How early King George Vs could accelerate the Lions and Vanguards
A counterfactual fleet program connects earlier King George V construction with armour production, selective Queen Elizabeth refits, and faster follow-on battleship building.