BDP’s refurbishment of the Palace of Westminster will not end up being a bottomless money pit, MPs and peers were assured yesterday.

Parliamentarians will be in temporary accommodation during the restoration project for up to seven years once the work gets under way around 2025.

Giving evidence to the Draft Parliamentary Buildings (Restoration and Renewal) Bill Committee, Liz Peace, chair of the shadow sponsor board of the restoration and renewal of the Palace of Westminster, said the multi-billion-pound job would not turn into a “money feast”.

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