Fisher's hypothetical 1930s carriers, battleships, and rebuilds

What would a revived Fisher build in the 1930s to force rival navies to respond?

The forecast combines support for Henderson's preferred Ark Royal with 16-inch battleships and faster replacement or rebuilding of existing capital ships.

With Fisher as First Sea Lord and Henderson as Third Sea Lord, Henderson's preferred version of Ark Royal is considered a likely beneficiary. A new battleship programme would probably make rival design teams respond most urgently. Nine 16-inch guns seem the likelier choice, although twelve are also considered. The size of the ships would depend on Britain's willingness to evade or leave treaty limits, with Japan's departure providing Fisher an opportunity. Faster replacement or rebuilding would probably give Repulse, Renown, and Hood their modernizations.