Lord Lloyd of Berwick (CB)
My Lords, I beg leave to ask the Question standing in my name on the Order Paper and declare an interest as a resident of the Inner Temple.
The Commercial Secretary to the Treasury (Lord Deighton) (Con)
My Lords, the Treasury will provide £30 million to support the Garden Bridge. This recognises the benefit that the new transport connections will bring to the UK by stimulating development on both sides of the river while reinforcing London’s position as a global visitor destination and creative hub. However, the support will be provided only once the Government have received a business case produced in line with standard guidance to demonstrate that the investment represents value for money for the taxpayer.
Lord Lloyd of Berwick
My Lords, I am grateful for that Answer and would ask simply three supplementary questions—
Lord Lloyd of Berwick
—is the noble Lord aware that there are gardens all along the Embankment, from the Inner Temple garden to Westminster, where trees are growing perfectly well? Why try to plant trees on a bridge, where they will be exposed to all the elements, will be a hazard to river craft once they are fully grown and will, in my view at any rate, look completely ridiculous?
Lord Deighton
In keeping with the spirit of the House, I will try to give one answer to those three important questions. The key to the Garden Bridge is that it will be two things for the price of one; it will be a garden and a bridge, and will combine the benefits of both.
Baroness Garden of Frognal (LD)
My Lords, there seems no obvious regular source of ongoing income for this imaginative project, and gardens can be high maintenance. Will the Minister expand on his previous comment by saying what security the Garden Bridge Trust is providing to ensure that it can prune and weed the bridge in perpetuity? Should there be a shortfall, whose responsibility would it be to pick that up?
Lord Deighton
The issue with a garden bridge is that it is more about gardening than it is about painting, which is the case with the Forth Bridge. The initial plan for maintenance is that it will be assumed by Transport for London along with its ongoing maintenance responsibilities around London. Of course, if, as part of the capital fundraising campaign, the Garden Bridge Trust can also persuade somebody to take on the ongoing maintenance responsibilities, that would be particularly welcome.
Lord Davies of Oldham (Lab)
My Lords, the House will have noticed that the Treasury is answering this Question because the bridge can scarcely be defined as a means of transport. It is a very expensive piece of public art, a vanity project of the mayor—and we know where his vanity projects have gone and what they have cost the country. The cycle hire scheme is in trouble, his Emirates gondola crossing down at Greenwich carries so few passengers that it is risible, and, of course, the taxpayer will have to pick up the bill. It is true that the Chancellor has committed only £30 million at present. The question is: with a deficit, still, of £60 million, is the Treasury still in the game?
Lord Deighton
I am not sure what the deficit of £60 million refers to. I will run through, very quickly, the benefits of the project and how its value for money will be assessed. First, there is the pedestrian connectivity that it will give. It will switch people out of cars and on to their feet and make a very important connection. Secondly, it will increase London visitor numbers, which is very important. It will be a great visitor attraction. Thirdly, it will have significant development value, connecting the South Bank and its creative centre to the Aldwych and Covent Garden. The development it will bring on each side will have significant value. Finally, it will be a great showcase for UK expertise. Our brilliant designer, Thomas Heatherwick, is designing it, Arup is engineering it and Dan Pearson is landscaping the garden, so it will generate other future business for London through that showcase.
Lord Forsyth of Drumlean (Con)
My Lords, can my noble friend tell me how many people’s entire income tax paid over the whole of their working life would be needed in order to fund this £30 million?
Lord Deighton
That depends which people you choose. Obviously I take the point of the question. That is why, before we commit the £30 million, we will ensure that it passes a strong business case and why, before we go ahead with the project, the Garden Bridge Trust, under the chairmanship of the noble Lord, Lord Davies of Abersoch, will have to raise £90 million so that there will be no further call on the Treasury.
Lord West of Spithead (Lab)
My Lords, will the Heritage Lottery Fund match the £30 million and will we provide new berthing and facilities for all the shipping currently berthed under the footprint of the bridge?
Lord Deighton
With respect to the Heritage Lottery Fund, the fundraising programme has not yet begun. That is the job of the noble Lord, Lord Davies, and his team at the Garden Bridge Trust, and I am sure that they will approach every possible potential supply of money. With respect to replacing anything that is displaced by the bridge, I understand that that does not represent a logistical problem—but I do not have a specific answer, frankly, to the berthing question.
Lord Roberts of Llandudno (LD)
Can the Minister assure me that, if this sort of money is available for this project, money will also be available, through one fund or another, to assist with the renovation of places such as Aberystwyth promenade that have been damaged so severely in the past few weeks by the winds, gales and flooding?
Lord Deighton
The general answer to that question has to be along the same lines. Just as this project still needs to pass the business case to be allocated the £30 million that is pencilled in, similarly we will do our work on other projects in a sensible way and respond to priority needs as they occur. I should just point out that the reason that the Treasury is putting in £30 million is that it is the sensible way to kick-start a fundraising effort. It is much easier to fundraise when people can see that the Government are behind a project and that it the first part of the funding has already been raised.
Baroness McIntosh of Hudnall (Lab)
My Lords, does the Minister agree that Bernard Shaw was right when he said, nearly a century ago, that on the whole the British never want anything? They particularly did not want, for example, the National Theatre. They got it and are now very proud of it. The same thing is true of the London Eye. Does he not agree that the same thing, in time, may be true of the Garden Bridge?
Lord Deighton
I sympathise with that very insightful point. As someone who has worked on both the Olympics and HS2, I suspect that the Garden Bridge may get a welcome rather sooner than either of those projects did.