Thames Garden Bridge Debate

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Department: HM Treasury

Thames Garden Bridge

Lord Forsyth of Drumlean Excerpts
Thursday 9th January 2014

(10 years, 4 months ago)

Lords Chamber
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Lord Forsyth of Drumlean Portrait Lord Forsyth of Drumlean (Con)
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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 Portrait Lord Deighton
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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.