Millennium Dome

Culture Media and Sport written question – answered on 13th March 2007.

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Photo of Don Foster Don Foster Shadow Secretary of State for Culture, Media and Sport

To ask the Secretary of State for Culture, Media and Sport, pursuant to the answer to the hon. Member for Birmingham, Yardley (John Hemming) of 24 April 2006, Official Report, column 898W, on the Millennium Dome, what the cost was of the Millennium Dome to public funds in each year since its inception.

Photo of Richard Caborn Richard Caborn Minister of State (Sport), Department for Culture, Media & Sport

Information on the grants from national lottery funds which were made by the Millennium Commission to the New Millennium Experience Co. (NMEC), are set out in the following table.

National lottery grant
£ million
1997-98 499
1998-99 0
1999-2000 60
2000-01 119
2001-02 0
2002-03 0
2003-04 0
2004-05 (1)0
2005-06 (2)0
2006-07 (3)0
(1) £24 million—unrequired funds decommitted from NMEC by the Millennium Commission for use on other projects.

(2) £1 million—unrequired funds decommitted from NMEC by the Millennium Commission for use on other projects.

(3) £3 million—unrequired funds decommitted from NMEC by the Millennium Commission for use on other projects.

In addition, English Partnerships has been meeting management, maintenance, security and other costs at the site from 1 July 2001, and will continue to do so until the redevelopment of the arena by the Anschutz Entertainment Group is completed, expected in summer 2007, at which time Anschutz takes on full responsibility for the dome structure and its immediate surroundings.

All of English Partnerships' costs (gross total of around £32 million to date) from July 2001 to the completion of the arena's construction, and including the costs of the entire sale process, are expected to be recovered from sale proceeds, forecast at £550 million over the period of the deal, which lasts for around another 19 years.

The year-by-year English Partnerships maintenance and other costs to date have been as follows:

English Partnerships maintenance and other costs
£ million
2001-02 2.299
2002-03 2.952
2003-04 2.586
2004-05 1.726
2005-06 0.364
2006-07 (1)0.294
Total 10.238
(1) Figures to December 2006.

In addition, English Partnerships spent £6.7 million on decommissioning some of the dome's contents, £0.558 million on a one-off payment for insurance and £14.5 million on the sale process between March 1999 and June 2004.

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