§ 21. Mr. MorganTo ask the Deputy Prime Minister if he will make a progress report on the provision of appropriate(a) public and (b) private funding of the millennium exhibition. [11135]
§ Mr. FreemanThe Millennium Commission has approved a grant of £200 million for the millennium exhibition at Greenwich; £150 million is the target for sponsorship, with the balance of the budget coming from receipts and other commercial income. More than half the £150 million sponsorship has already been identified. Negotiations are continuing in confidence with a number of major sponsors and it is hoped that the full target will be achieved in due course.