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South Bank Exhibition (Cost)

Volume 496: debated on Tuesday 26 February 1952

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asked the Minister of Works the financial outcome of the South Bank Exhibition.

The revenue was about £1,930,000, which is some £75,000 in excess of the estimate. Firm figures of the cost cannot be given pending the demolition of the buildings and the conclusion of the negotiations on a number of contracts. It is, however, not expected that the final figure will exceed by any large amount the estimate of cost which was £6,445,000 on the Festival Office Votes including operational staff, but without allowance for the services of headquarters staff or publicity, or the expenditure of Departments other than the Festival Office.