Okay, this may be seen as heresy by many, but how about axe the Vulcan in favour of more Victors, then have the Victor become the UK equivalent of the B52?
From what I can see, the Victor had a larger bomb bay and a slightly better range. Can anyone more knowledge confirm why the Vulcan carried on longer than the Victor in the bomber role?
Refurbished and re-engine the Victors so they can then get a stand off missile platform role in the 80s/90s using ALCM or anti shipping missiles (I think you could fit a fair few Sea Eagles on one) to keep it going in the cold war, then be the bomb truck for 2000s insurgencies.