Oral answer to question provided on Monday, 8 October 2007 in the House of Lords, by Baroness Andrews (Labour).

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Millennium Dome

Answer

My Lords, as I do not have that sort of detail in my very extensive briefing, I will write to the noble Lord. In terms of the value to the taxpayer and the regeneration of the peninsula—I pay tribute to the noble Lord for the sterling work that he did on winding up the NMEC and making such a success of it—we are looking to a major regeneration project. It will generate £4 billion of private investment, 10,000 homes, 24,000 jobs, commercial floor space, schools and health centres. It is a magnificent prospect for the Greenwich peninsula, which is one of the most deprived parts of London.