Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to paragraph 2.109 in Autumn Statement 2014, what estimate he has made of the cost of VAT refunds for the London Legacy Development Corporation in each year to 2019-20.
Providing London Legacy Development Corporation (LLDC) with VAT refunds in years 2015-16 to 2019-20 is expected to have a negligible impact on the Exchequer