Parliament refurb will cost ’at least £12bn’, says chair of spending watchdog

By Jonathan Owen 2021-01-19T07:00:00

Exclusive: Review into scheme, which has official price tag of £4bn, due out this month

The true cost of the Palace of Westminster refurb programme is likely to be at least £12bn – three times higher than the official estimate of £4bn, according to sources close to the programme.

Building Design understands that senior officials from the Infrastructure and Projects Authority briefed Number 10 on the true cost of the programme last year.

And Meg Hillier, chair of the Public Accounts Committee, told Building Design the cost could be “at least” £12bn.

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Parliament refurb will cost ’at least £12bn’, says chair of spending watchdog

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