§ Viscount Astorasked Her Majesty's Government:
What damage could be done to Anschutz Entertainment Group by revealing the priority return due to the company from English Partnerships with regard to the Millennium Dome. [HL5117]
§ Lord RookerIt is common practice in commercial agreements of this nature for the parties to agree to maintain commercial confidentiality. Were details of the commercial arrangements to be revealed, this could compromise Anschutz Entertainment Group's negotiations with potential dome users or occupiers and any negotiations conducted by Anschutz Entertainment Group for the delivery of similar facilities elsewhere.
Revealing details of the commercial agreement could also affect English Partnerships' ability to secure value for money for the public purse in their ongoing negotiations with third parties on the Greenwich peninsula and in negotiations on other regeneration projects.