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Not so much, it was just a different doctrine. Britain chose to fund its war primarily through loans, Some were foreign though most were domestic. Because Britain was primarily mercantile (as opposed to industrial as Germany was) it had a far more flexible economy which could shoulder debt. As...

To a degree, I think the real costs come from running the things for years on end, maintenance is a killer plus a decent crew. I suppose it depends a lot on the ship itself but yeah you are right in that its not the biggest expenditure. Plus back then you needed plenty of ships to handle...

The British economy was doing great in 1918, remember Britain made a profit in WWI despite foreign debts (Britain owed the US, but Europe also owed Britain vast sums of money too which did help the balance) The British economy grew during WWI and experienced a boom post war as civilian industry...