Robert Neill
Main Page: Robert Neill (Conservative - Bromley and Chislehurst)(12 years, 7 months ago)
Written StatementsMy hon. Friend the Parliamentary Under-Secretary of State, Department for Communities and Local Government, Baroness Hanham, has made the following written ministerial statement:
The Government have reviewed the decision to market and dispose of the Queen Elizabeth II Conference Centre taken by the previous Government in April 2009. It has concluded that the Department for Communities and Local Government should retain its freehold interest in the building in line with current Government Property Unit policy to retain freeholds in the Whitehall area as they offer maximum flexibility.
A business case developed last year considered alternative delivery options for the conference business. To inform their view of the options, the Government will be undertaking pre-market engagement to test the market appetite and their viability, beginning in May 2012. Subject to the outcome of that engagement, the Government will then decide whether the Queen Elizabeth II Conference Centre conference business, currently operating as a Government Trading Fund, should continue under the existing arrangements or be marketed to external providers. However, any disposal or privatisation should maximise value for money for taxpayers.