§ Mr. Tony BanksTo ask the Secretary of State for National Heritage what is the total cost of constructing the new jewel house at the Tower of London.
§ Mr. Sproat[holding answer 31 January 1994]: Responsibility for the subject of the question has been delegated to the Historic Royal Palaces under its chief executive, Mr. David Beeton. I have asked him to arrange for a reply to be given.
Letter from David Beeton to Mr. Tony Banks, dated 27 January 1994:
The Secretary of State for National Heritage has asked me to reply to your Written Parliamentary Question on what is the total cost of constructing the new Jewel House at the Tower of London.The detailed estimate, which I approved before work started on site in October 1992 was £10,007,000. The latest estimate of that total cost is £9,753,819. Work will be completed on the original timetable and the Jewel House opened on the 24 March 1994.This total cost has been funded from increased business income, generated by my Agency in the last three years, during which period the annual call on the taxpayer has fallen from £10.26 million (1991–92) to £7.6 million (1993–94). The scheme is forecast to increase the business income of the Tower by £4 million a year.