The owners of the failed Millennium Dome expect to have spent more than £10 million on maintaining the site in less than five months.

The cash has been spent on maintenance, decommissioning and preparation for its sale.

Dome supremo Lord Falconer says English Partnerships have spent £2.2 million on the sale between mid-February 15, when the original Legacy consortium bid fell through, and the end of June.

English Partnerships expect to spend a further £6 million by the end of December for fees and costs associated with the decommissioning of the Dome.

It will also spend an average of around £240,000 a month for maintenance and management.

Lord Falconer added, in a Lords written reply: "Costs after 31 December 2001 will depend largely on a number of factors related to the outcome of the ongoing sale process.

"English Partnerships will recover any sale process, decommissioning, maintenance and associated costs from eventual sale proceeds."

October 23, 2001 9:52

Lawrence Shaw