Skip to main content

Public Buildings: Finance

Volume 499: debated on Wednesday 11 November 2009

To ask the Secretary of State for Culture, Media and Sport how much the (a) Tate, (b) British Museum, (c) British Library and (d) British Film Institute will be expected to release from their reserves to fund their building extension plans. (298933)

The amount released from these bodies' reserves to pay for their extensions is dependent upon a range of factors including the final cost of the project and the amount of funding that can be raised in other ways; for instance, through donations. The Department approves the plans that these bodies produce and monitors the funding sources used throughout the life of the project to ensure that they remain affordable and provide good value for money.