HC Deb 07 November 1996 vol 284 c706W
Mr. Morgan

To ask the Secretary of State for Wales, pursuant to his answer to the hon. Member for the Vale of Glamorgan (Mr. Sweeney) of 1 November,Official Report, columns 295–96, if he will list the principal reasons for the increased grant in aid for the Cardiff Bay development corporation during the current financial year; what impact the current increase has had on previous estimates of (a) the final outturn cost of the barrage and (b) the current cumulative total public expenditure by the corporation; and if he will make a statement. [3024]

Mr. Hague

The grant in aid has been increased to fund additional estimated expenditure on inward investment projects, which could add to the cumulative total public expenditure by the corporation, and to fund the cash flow demands of the barrage project. The estimated final outturn cost of the barrage project remains within the £191 million announced to Parliament.