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

By Jonathan Owen2021-01-19T06:01:00

Review into scheme 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 previously thought estimates of £4bn, according to sources close to the programme.

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

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