When the STAC plans were presented to the UK cabinet, a negative reaction resulted. The economic considerations were considered highly questionable, especially as these were based on development costs, now estimated to be £150 million, which were repeatedly overrun in the industry. The Treasury Ministry in particular presented a very negative view, suggesting that there was no way the project would have any positive financial returns for the government, especially in light that "the industry's past record of over-optimistic estimating (including the recent history of the TSR.2) suggests that it would be prudent to consider the £150 million [cost] to turn out much too low."[25]