§ Mr. Menzies Campbell
To ask the Minister for the Arts what are the estimated capital costs of the new British Library at St. Pancras in each year from 1987–88 to 1990–91.
§ Mr. Luce
Provision for the estimated capital costs of the new British Library at St. Pancras for these years is as follows:
£ 1987–88 24,500,000 1988–89 33,088,000 1989–90 41,549,000 1990–91 46,159,000
The figures given are in respect of the construction and resource costs for stage 1A, apart from £500,000 included within the 1988–89 figure, which is earmarked towards the design work for the completion stage.
The figures are larger than those which I announced on 5 November because they include additional amounts transferred from the British Library's grant-in-aid in respect of savings in rents previously paid by the British Library to the Property Services Agency now reallocated to the project.