A Falklands defeat could devastate the modern Royal Navy

What would the Royal Navy look like if Britain lost the Falklands War in 1982?

A defeat could encourage governments to neglect naval forces, leaving no carriers or destroyers, very few frigates, and possibly some submarines.

A Falklands defeat is expected to leave the modern Royal Navy devastated. The suggested force has no carriers or destroyers, barely any frigates, and possibly some submarines. The explanation is political: defeat could persuade the British government to neglect naval forces because it expected further operations to fail.