City Hall Savings

Questions to the Mayor of London – answered on 26th February 2021.

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Photo of Shaun Bailey Shaun Bailey Conservative

What is the amount of costs/savings from moving City Hall to The Crystal broken down by year?

Photo of Sadiq Khan Sadiq Khan Mayor of London

The expected saving over 10 years is £97m to GLA per MD2705 – Relocation of City Hall section 1.50. The breakdown per year is as follows:

Relocation costs have been factored into these numbers and are incurred in current financial year 2020-21 and 2021-22.

City Hall Relocation Savings

20/21

21/22*

22/23

23/24

24/25

25/26

26/27

27/28

28/29

29/30

30/31

31/32**

10 yr

£m

£m

£m

£m

£m

£m

£m

£m

£m

£m

£m

£m

£m

GLA saving

2.1

8.2

8.2

8.2

8.2

8.2

10.5

11.2

11.2

11.2

9.9

97.1

Relocation cost

-3.5

-10.5

-14

Contribution from reserves

0

13.5

-3.2

-3.2

-3.2

-3.2

-0.7

0

Saving in revenue budget

-3.5

5.1

5

5

5

5

7.5

10.5

11.2

11.2

11.2

9.9

83.1

*part year saving exiting CH from DEC 2021

**part year saving assuming lease expiry DEC 2031 using the 10 year model