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To ask the Secretary of State for Communities and Local Government what the cost of the Millennium Dome to public funds (a) was in 2007-08 and (b) is expected to be in 2008-09; and how much the public purse received from the New Millennium Experience Company Limited in each year...
To ask the Secretary of State for Communities and Local Government what the cost of the Millennium Dome to public funds (a) was in 2007-08 and (b) is expected to be in 2008-09; and how much the public purse received from the New Millennium Experience Company Limited in each year...
Asked by
Lord Foster of Bath
(Liberal Democrat)
Answered by
Iain Wright
(Labour)
Answering body
Communities and Local Government
Type
Written questions
Status
Answered
Tabled on
3 October 2008
For answer on
6 October 2008
Answered on
6 October 2008
English Partnerships, the national regeneration agency, were responsible for the costs for staff and the maintenance and management of the millennium dome from July 2001 until the opening of the arena in June 2007. During the 2007-08 financial year the amount spent by English Partnerships was £205,000. English Partnerships handed over full responsibility for the dome (now the O2) to Anschutz Entertainment Group in June 2007, when the arena inside the former millennium dome was completed. No further costs were incurred by EP in 2008-09, therefore the amount spent from public funds in 2008-09 is nil.The New Millennium Experience Company (NMEC) was the company set up to run the millennium exhibition in the dome. Following the end of the exhibition, it was placed in voluntary, solvent liquidation in December 2001. The public purse did not receive any money from the New Millennium Experience Company Limited.However, because of the structure of the deal for the continued regeneration of the site, the Government expects a substantial return from the development of the land around the O2 and will also receive a share of the profits arising from the successful operation of the O2.
Subjects
Millennium dome
Date
6 October 2008
Reference
222828; 480 c347W
House
House of Commons
Type
House of Commons papers
Author
National Audit Office
Laid on
14 July 2008
Subjects
Audit; Construction; Buildings; Finance; Infrastructure; Land use; English Partnerships; Regeneration; Greenwich; Millennium dome; Anschutz Entertainment Group; Meridian Delta
Commons Library location
CS 243
Date
14 July 2008
Reference
HC 338 2007-08
House
House of Lords; House of Commons
To ask the Secretary of State for Culture, Media and Sport what the total cost to the public purse was of the construction and operation of the millennium dome; what assessment he has made of the value for money provided by that expenditure; and if he will make a statement.
To ask the Secretary of State for Culture, Media and Sport what the total cost to the public purse was of the construction and operation of the millennium dome; what assessment he has made of the value for money provided by that expenditure; and if he will make a statement.
Asked by
Harry Cohen
(Labour)
Answered by
Gerry Sutcliffe
(Labour)
Answering body
Department for Culture, Media and Sport
Type
Written questions
Status
Answered
Tabled on
10 June 2008
For answer on
12 June 2008
Answered on
18 June 2008
The cost to the public purse of the construction and operation of the millennium dome was nil. The construction and operation of the dome was funded from national lottery grant from the Millennium Commission and income from ticket sales and sponsorship, not from Exchequer funding.It is a matter of public record that the dome was completed on time, that the final cost was just 4 per cent. over budget, that it was by far the most visited paying attraction in the UK in the year 2000 and that it helped regenerate a wide area.I am advised that English Partnerships spent £33 million of Exchequer funding on decommissioning and maintenance of the millennium dome structure between 1999 and June 2007, with the expectation that these costs will be recovered from sale proceeds from the contract for the future use of the dome and redevelopment of associated land over the life of the project.
Subjects
Expenditure; Millennium dome
Date
18 June 2008
Reference
477 c918W; 210816
House
House of Commons
Deposited by
Department for Communities and Local Government
Type
Deposited papers
Author
Department for Communities and Local Government
Committed on
23 October 2007
Originated on
23 October 2007
Received on
23 October 2007
Subjects
Income; English Partnerships; National Audit Office; Sales; Valuation; Regeneration; Millennium dome
Commons Library location
Research HA Millenium Dome dropfile 2007
Lords Library location
HDEP 2007/647
Date
23 October 2007
Reference
DEP 07/2156
House
House of Lords; House of Commons
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.
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.
Answered by
Baroness Andrews
(Labour)
Type
Oral answers to questions
Subjects
Income; English Partnerships; National Lottery; Sales; Millennium dome
Date
8 October 2007
Reference
695 c10
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, I thank the Minister for that Answer. My understanding was that the original value of the land was £450 million, which is less than the value that the noble Baroness has just indicated would be created over time. Will she indicate how the annual return to the taxpayer will perform during that time? What will be the effective annual rate of interest on the outstanding balance, or reducing balance, of £450 million standing in the interest of the taxpayer, which is otherwise lost to the use of the community?
My Lords, I thank the Minister for that Answer. My understanding was that the original value of the land was £450 million, which is less than the value that the noble Baroness has just indicated would be created over time. Will she indicate how the annual return to the taxpayer will perform during that time? What will be the effective annual rate of interest on the outstanding balance, or reducing balance, of £450 million standing in the interest of the taxpayer, which is otherwise lost to the use of the community?
Asked by
Lord James of Blackheath
(Conservative)
Oral questions - 1st Supplementary
Status
Answered
Answered on
8 October 2007
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.
Subjects
Income; English Partnerships; National Lottery; Sales; Regeneration; Millennium dome
Date
8 October 2007
Reference
695 c10
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, English Partnerships, the national regeneration agency, will retain the first £30 million of development receipts. Thereafter, 13 per cent will be passed to the National Lottery. Of the £550 million forecast cash proceeds from the deal, English Partnerships currently estimates that the lottery is likely to receive a total of approximately £67 million phased over the next 15 years. This arrangement for the division of proceeds was announced to Parliament in 2004.
My Lords, English Partnerships, the national regeneration agency, will retain the first £30 million of development receipts. Thereafter, 13 per cent will be passed to the National Lottery. Of the £550 million forecast cash proceeds from the deal, English Partnerships currently estimates that the lottery is likely to receive a total of approximately £67 million phased over the next 15 years. This arrangement for the division of proceeds was announced to Parliament in 2004.
Answered by
Baroness Andrews
(Labour)
Asked by
Lord James of Blackheath
(Conservative)
Type
Oral answers to questions
My Lords, I beg leave to ask the Question standing in my name on the Order Paper. In doing so, I note my interest as former chairman of the Dome company, although the subject matter of this Question was excluded from my terms of reference at the time.
The Question was as follows:
To ask Her Majesty’s Government how they will divide any revenue from the sale or lease of the Millennium Dome between the millennium lottery commission and the owners of the land, English Partnerships.
Subjects
Income; English Partnerships; National Lottery; Sales; Millennium dome
Date
8 October 2007
Reference
695 c9
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, I beg leave to ask the Question standing in my name on the Order Paper. In doing so, I note my interest as former chairman of the Dome company, although the subject matter of this Question was excluded from my terms of reference at the time.
The Question was as follows:
To ask Her Majesty’s Government how they will divide any revenue from the sale or lease of the Millennium Dome between the millennium lottery commission and the owners of the land, English Partnerships.
My Lords, I beg leave to ask the Question standing in my name on the Order Paper. In doing so, I note my interest as former chairman of the Dome company, although the subject matter of this Question was excluded from my terms of reference at the time.
The Question was as follows:
To ask Her Majesty’s Government how they will divide any revenue from the sale or lease of the Millennium Dome between the millennium lottery commission and the owners of the land, English Partnerships.
Asked by
Lord James of Blackheath
(Conservative)
Answered by
Baroness Andrews
(Labour)
Oral questions - Lead
Status
Answered
For answer on
8 October 2007
Answered on
8 October 2007
My Lords, English Partnerships, the national regeneration agency, will retain the first £30 million of development receipts. Thereafter, 13 per cent will be passed to the National Lottery. Of the £550 million forecast cash proceeds from the deal, English Partnerships currently estimates that the lottery is likely to receive a total of approximately £67 million phased over the next 15 years. This arrangement for the division of proceeds was announced to Parliament in 2004.
Subjects
Income; English Partnerships; National Lottery; Sales; Millennium dome
Date
8 October 2007
Reference
695 c9
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, is my noble friend worried about this latest outbreak of repetitive dome syndrome? Since the Dome is now a very successful entertainment venue, will the Government try to find a cure for this debilitating illness?
My Lords, is my noble friend worried about this latest outbreak of repetitive dome syndrome? Since the Dome is now a very successful entertainment venue, will the Government try to find a cure for this debilitating illness?
Asked by
Lord Foulkes of Cumnock
(Labour)
Oral questions - Supplementary
Status
Answered
Answered on
17 July 2007
My Lords, the best cure is the increasing confidence that we will manage a project vastly greater than the Dome; we are going to manage with great success the development of the Olympic Games.
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c131
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, do the Government recognise that the three things that will be remembered about the Millennium Dome are that it was built on time, looked wonderful and was filled with what was generally regarded as being fairly tacky? Will the Government give an assurance that all future projects—for instance, the Olympic project—will have somebody looking at how to run them? Furthermore, if you are going to have a big celebration, admit you are having a celebration, and do not try to get in some private money for some form of publicity dressing.
My Lords, do the Government recognise that the three things that will be remembered about the Millennium Dome are that it was built on time, looked wonderful and was filled with what was generally regarded as being fairly tacky? Will the Government give an assurance that all future projects—for instance, the Olympic project—will have somebody looking at how to run them? Furthermore, if you are going to have a big celebration, admit you are having a celebration, and do not try to get in some private money for some form of publicity dressing.
Asked by
Lord Addington
(Liberal Democrat)
Oral questions - Supplementary
Status
Answered
Answered on
17 July 2007
My Lords, I am grateful that it was the Liberal Democrats’ turn because I can give the noble Lord that assurance. There will not be a need for any specific celebration with regard to the development of the Olympic Games site; the opening ceremony will provide that.
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c130
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, in fact when the new Labour Government came in they asked for, and were given, three months to decide whether to take on the Dome. Had they refused at that time, which in hindsight might have been the wise decision, the total cost of breaking the contracts would have been £50 million.
My Lords, in fact when the new Labour Government came in they asked for, and were given, three months to decide whether to take on the Dome. Had they refused at that time, which in hindsight might have been the wise decision, the total cost of breaking the contracts would have been £50 million.
Asked by
Lord Glentoran
(Conservative)
Oral questions - Supplementary
Status
Answered
Answered on
17 July 2007
My Lords, I am grateful for that fact. The noble Lord will also be aware that there were one or two voices from the previous Conservative Administration who were really rather keen that we should continue the project.
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c131
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, we had a debate about IT projects in which I was able to identify the many successes that the Government recorded as well as some weaknesses. The only common factors between those and the Millennium Dome are that they are large and public. The Dome was a unique development. We all know that there were lessons to be learnt from it. As I have indicated, not only have we learnt the lessons, but we intend to implement them with regard to the Olympic development.
My Lords, we had a debate about IT projects in which I was able to identify the many successes that the Government recorded as well as some weaknesses. The only common factors between those and the Millennium Dome are that they are large and public. The Dome was a unique development. We all know that there were lessons to be learnt from it. As I have indicated, not only have we learnt the lessons, but we intend to implement them with regard to the Olympic development.
Answered by
Lord Davies of Oldham
(Labour)
Asked by
Baroness Miller of Hendon
(Conservative)
Type
Oral answers to questions
My Lords, bearing in mind the reported overspend of £23 billion in the past 10 years on just a handful of projects, including the huge amounts that were wasted on failed IT projects and the recent chaos in the allocation of places for doctors, will the Government, who have been described as not being able to manage huge projects, in future consult those with a proven commercial track record instead of wasting so much on consultants?
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c129
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, does my noble friend not agree that one of the lessons to be learnt from the management of the Millennium Dome is that should the circumstances ever arise again that we have a Conservative Government starting a project, when we knock them out of office we should never inherit it from them?
My Lords, does my noble friend not agree that one of the lessons to be learnt from the management of the Millennium Dome is that should the circumstances ever arise again that we have a Conservative Government starting a project, when we knock them out of office we should never inherit it from them?
Asked by
Lord Tomlinson
(Labour)
Oral questions - Supplementary
Status
Answered
Answered on
17 July 2007
My Lords, my noble friend may be rubbing salt into wounds as far as that is concerned. The incoming Labour Administration in 1997 inherited a project which was substantially underway. In retrospect, we all regret the huge losses made on the Dome, but we should recognise that the location of the Dome was an intelligent choice of site for the regeneration of the Greenwich Peninsula, and future generations will at least benefit from the sacrifices that we made in terms of public expenditure at that time.
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c131
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, for how long was the Dome mothballed before its recent purchase and what was the total cost of mothballing it?
My Lords, for how long was the Dome mothballed before its recent purchase and what was the total cost of mothballing it?
Asked by
Lord Rotherwick
(Conservative)
Oral questions - Supplementary
Status
Answered
Answered on
17 July 2007
My Lords, the cost was significant and the number of years was several. However, the noble Lord will recognise that the Dome has been sold and is now flourishing as an entertainment centre. Greenwich is benefiting enormously from the regeneration of the Greenwich peninsula. We have learnt lessons from the Dome and are implementing them.
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c129-30
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, the Minister may not be aware that I agree with every single word that the noble Lord, Lord Brooke of Alverthorpe, said about Battersea power station. ““Hear, hear”” to him. With hindsight, and with the figures the Minister gave, would it not have been more economic and done more for the good of England to have kept the royal yacht or built a successor?
My Lords, the Minister may not be aware that I agree with every single word that the noble Lord, Lord Brooke of Alverthorpe, said about Battersea power station. ““Hear, hear”” to him. With hindsight, and with the figures the Minister gave, would it not have been more economic and done more for the good of England to have kept the royal yacht or built a successor?
Asked by
Baroness Trumpington
(Conservative)
Oral questions - Supplementary
Status
Answered
Answered on
17 July 2007
My Lords, I am not sure that the royal yacht had quite the seating capacity of the Millennium Dome. I recognise that comparisons are always made on public expenditure with regard to which from time to time the Government may be thought to have made a mistake. I merely identify to the House the obvious fact that the concept of the Millennium Dome was established under the previous Administration.
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c130-1
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, while we are learning lessons from history and from the mismanagement of public projects, I exhort the Minister to have a look at what has happened with Battersea power station, which has recently been sold for £400 million. Acres of prime land in central London have remained unused for nearly 20 years when we have a grave shortage of housing, particularly for public service workers. Will my noble friend have a look at the history of that to see what happened with the management and who was responsible?
My Lords, while we are learning lessons from history and from the mismanagement of public projects, I exhort the Minister to have a look at what has happened with Battersea power station, which has recently been sold for £400 million. Acres of prime land in central London have remained unused for nearly 20 years when we have a grave shortage of housing, particularly for public service workers. Will my noble friend have a look at the history of that to see what happened with the management and who was responsible?
Asked by
Lord Brooke of Alverthorpe
(Labour)
Oral questions - Supplementary
Status
Answered
Answered on
17 July 2007
My Lords, I must confess that I concentrated on the Millennium Dome as it was the subject of the Question. However, my noble friend is being inordinately helpful in drawing my attention to another site where we may learn lessons. I have no doubt that for all noble Lords the main project that we have in hand at present with regard to site development is the Olympic site and we are getting plaudits from the Olympic authorities for the way in which we are structuring our development of that site.
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c130
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, bearing in mind the reported overspend of £23 billion in the past 10 years on just a handful of projects, including the huge amounts that were wasted on failed IT projects and the recent chaos in the allocation of places for doctors, will the Government, who have been described as not being able to manage huge projects, in future consult those with a proven commercial track record instead of wasting so much on consultants?
My Lords, bearing in mind the reported overspend of £23 billion in the past 10 years on just a handful of projects, including the huge amounts that were wasted on failed IT projects and the recent chaos in the allocation of places for doctors, will the Government, who have been described as not being able to manage huge projects, in future consult those with a proven commercial track record instead of wasting so much on consultants?
Asked by
Baroness Miller of Hendon
(Conservative)
Oral questions - 1st Supplementary
Status
Answered
Answered on
17 July 2007
My Lords, we had a debate about IT projects in which I was able to identify the many successes that the Government recorded as well as some weaknesses. The only common factors between those and the Millennium Dome are that they are large and public. The Dome was a unique development. We all know that there were lessons to be learnt from it. As I have indicated, not only have we learnt the lessons, but we intend to implement them with regard to the Olympic development.
Subjects
Consultants; ICT; Government departments; Procurement; Millennium dome
Date
17 July 2007
Reference
694 c129
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, it is a matter of record that this large public project was completed on time, that the final cost was just 4 per cent over budget and that it was by far the most visited paying attraction in the UK with more than 80 per cent visitor satisfaction. It also helped to regenerate a wide area. However, the main lesson from the project concerns the importance of ensuring that forecasts of income from visitors and sponsors are realistic.
My Lords, it is a matter of record that this large public project was completed on time, that the final cost was just 4 per cent over budget and that it was by far the most visited paying attraction in the UK with more than 80 per cent visitor satisfaction. It also helped to regenerate a wide area. However, the main lesson from the project concerns the importance of ensuring that forecasts of income from visitors and sponsors are realistic.
Answered by
Lord Davies of Oldham
(Labour)
Asked by
Baroness Miller of Hendon
(Conservative)
Type
Oral answers to questions
What lessons they have learnt from their management of the Millennium Dome.
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c129
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, my noble friend may be rubbing salt into wounds as far as that is concerned. The incoming Labour Administration in 1997 inherited a project which was substantially underway. In retrospect, we all regret the huge losses made on the Dome, but we should recognise that the location of the Dome was an intelligent choice of site for the regeneration of the Greenwich Peninsula, and future generations will at least benefit from the sacrifices that we made in terms of public expenditure at that time.
My Lords, my noble friend may be rubbing salt into wounds as far as that is concerned. The incoming Labour Administration in 1997 inherited a project which was substantially underway. In retrospect, we all regret the huge losses made on the Dome, but we should recognise that the location of the Dome was an intelligent choice of site for the regeneration of the Greenwich Peninsula, and future generations will at least benefit from the sacrifices that we made in terms of public expenditure at that time.
Answered by
Lord Davies of Oldham
(Labour)
Asked by
Lord Tomlinson
(Labour)
Type
Oral answers to questions
My Lords, does my noble friend not agree that one of the lessons to be learnt from the management of the Millennium Dome is that should the circumstances ever arise again that we have a Conservative Government starting a project, when we knock them out of office we should never inherit it from them?
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c131
Chamber / Committee
House of Lords chamber
House
House of Lords
My Lords, I am not sure that the royal yacht had quite the seating capacity of the Millennium Dome. I recognise that comparisons are always made on public expenditure with regard to which from time to time the Government may be thought to have made a mistake. I merely identify to the House the obvious fact that the concept of the Millennium Dome was established under the previous Administration.
My Lords, I am not sure that the royal yacht had quite the seating capacity of the Millennium Dome. I recognise that comparisons are always made on public expenditure with regard to which from time to time the Government may be thought to have made a mistake. I merely identify to the House the obvious fact that the concept of the Millennium Dome was established under the previous Administration.
Answered by
Lord Davies of Oldham
(Labour)
Asked by
Baroness Trumpington
(Conservative)
Type
Oral answers to questions
My Lords, the Minister may not be aware that I agree with every single word that the noble Lord, Lord Brooke of Alverthorpe, said about Battersea power station. ““Hear, hear”” to him. With hindsight, and with the figures the Minister gave, would it not have been more economic and done more for the good of England to have kept the royal yacht or built a successor?
Subjects
Millennium dome
Date
17 July 2007
Reference
694 c130-1
Chamber / Committee
House of Lords chamber
House
House of Lords