British battleship orders without treaty limits

How many battleships would Britain build without naval treaty limits?

The expectation is a return to groups of four and a broader rhythm of four to six battleship orders per year.

Britain is expected to return to its previous pattern of regular battleship orders. The example uses four ships in one financial year, then two ships of that class alongside two of the next class in the following year. Four more ships of the second class follow in the third year. This produces twelve ships over three financial years while overlapping successive classes. Japan would place its own orders within the same unrestricted setting.