Even before opening, the stadium development has been a catalyst for investment in the wider regeneration of Wembley. An improved transport system is now in place and, new shops, new leisure and community facilities and 8,500 new homes will also help to bring a major boost to the Brent economy.
Once opened, around 7,500 permanent job opportunities will be created by economic activity directly related to the stadium. The stadium will attract around 2.5 million visitors a year, bringing an estimated annual visitor spend of £229 million to Wembley and the surrounding area.
The estimated cost to Wembley National Stadium Ltd because of cancelled events is a matter for that organisation.
The cancellation of events at Wembley stadium due to construction delays is a matter for Wembley National Stadium Ltd (WNSL).
In March 2006, WNSL announced publicly that no major events would be held at Wembley stadium in 2006. Details of the alternative arrangements made for scheduled events at Wembley in 2006 can be found on the WNSL website at www.wembleystadium.com/pressbox/pressreleases.htm.
Wembley stadium needs to hold a sports ground safety certificate. The sports ground safety certificate for Wembley stadium will include conditions designed to ensure spectator safety at that ground.
Conditions for the issue of a sports ground safety certificate are determined by the relevant certifying local authority following consultation with a number of expert organisations including local police and fire authorities.
Wembley stadium is a Football Association project and my right hon. Friend the Secretary of State therefore does not meet directly with Wembley National Stadium Ltd (WNSL), the Football Association (FA) or Multiplex to discuss construction progress.
As a stakeholder in the project she receives regular reports on construction progress and DCMS officials attend monthly progress meetings with WNSL, the FA, Sport England and the London Development Agency.