Skip to content
Sunday 23 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,816.56
+0.64%
DAX
26,136.56
+0.59%
CAC 40
8,484.43
+0.37%
STOXX 50
6,462.22
+0.63%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 18 June 2015 9:03 pm

Westminster repairs could cost £5.7bn: With parliament’s palace falling apart, what are the options to save it?

By: Express KCS

Add as a preferred source on Google

The Palace of Westminster is crumbling. According to leading architects, the UNESCO World Heritage site, which contains the House of Commons and the House of Lords, now suffers from “extensive” stonework decay, leaking roofs and corrosion – and that’s just the beginning.
 
Dr Richard Ware, programme director for Palace of Westminster Restoration and Renewal, said yesterday that many of the palace’s features need “major renovation.”
 
“These include antiquated heating, ventilation, water, drainage and electrical systems combined with extensive stonework decay, leaking roofs, corrosion and the need to improve fire containment,” Ware said, adding, “Even the intensive programme of urgent repairs carried out over the last five years is barely scratching the surface.”
 
To be sure, despite minor repairs made in recent years, the Grade I listed Palace of Westminster has not been fully restored since 1834, when the so-called “Old Palace” was destroyed by a fire. Now a new independent report carried out by experts from Deloitte’s real estate division says that it could cost nearly £6bn to fix nearly two centuries’ worth of damage.
 
The report, commissioned by parliament and conducted with architecture firms AECOM and HOK, presents three possible timelines for repairs, all assuming a 2020 start date.
 
The first, a rolling programme of works that would allow MPs and Lords to stay on-site throughout, would take 32 years and cost an estimated £5.7bn.
 
One less costly option would be an 11-year partial move-out, during which the House of Commons and the House of Lords would take turns relocating while works were ongoing. The report says that plan could cost up to £4.4bn. 
 
A third, even less-expensive choice, would be to fully vacate the Palace for six years, with both Houses returning upon completion. Deloitte says that plan would carry a £3.9bn price tag.
 
The report did not formally back any one scenario. A joint committee including members of both houses of parliament is expected to make a final decision on the course of action.
 
“It is clear from this report that Parliament is faced with some difficult choices,” Ware said.
 
Many MPs have already said that they oppose relocating from the palace, let alone leaving London. But that has not stopped speculation that parliament may have to decamp to the Queen Elizabeth II Conference Centre in Westminster or the Olympic Park media centre in east London, or even further north to the Birmingham Library or Manchester Town Hall.
 

The Palace of Westminster up close

 

 

 

 

 

 

 

 

 

 

Q&A: Westminster Palace revamp explained

 
Q In how bad a shape is the Palace of Westminster and what needs work?  
A The building hasn’t undergone any restoration work since a fire in 1834, and is in severe state of disrepair, with asbestos in much of the building and leaking roofs. But the biggest work will be to the “mechanical and electrical infrastructure.”
 
Q What are planners proposing, and how much will it cost? 
A The longest and most-costly option would be to restore the building with staff staying on site, which would cost £5.67bn and take 32 years. The fastest option would be a full move-out, costing £3.5bn and taking an average of six years. 
 
Q When is work likely to start? 
A 2020. But it is likely to be later, as temporary offices need to be found to house 4,000 staff.
 
 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Business
  • Economics

Related Topics

  • bridges and landmarks
  • London buildings

Trending Articles

  • Ratcliffe’s Ineos saves Runcorn plant

  • Mike Ashley’s Frasers offers to pay personal shoppers in Harvey Nichols takeover

  • Can debt-ridden Morrisons become a Big Four supermarket again?

  • Amazon says it buys books in bulk to ‘improve products’

  • Burnham predicted to raise taxes for ‘fundamental’ cost of living support

More from Morning Wire

  • Reform’s Richard Tice under parliamentary investigation

    Politics
    Reform UK leader Nigel Farage and Deputy Leader Richard Tice are set to meet with Andrew Bailey to discuss interest rates and stablecoins.
  • Tory and Labour councillors spar over £300m Hammersmith Bridge plans

    Politics
    Hammersmith Bridge spanning the River Thames, surrounded by lush greenery and clear blue skies, capturing its iconic archi...
  • Summer loving! 9 amazing things to do in London this August

    Life&Style
    Three revelers in vibrant feathered costumes celebrating at Notting Hill Carnival.
  • Nottingham Forest owner Marinakis sues Crystal Palace for defamation

    Sport Business
    Evangelos Marinakis, owner of Nottingham Forest, in a dark jacket and white shirt, looking serious at a stadium.
  • No 10 backs ‘vertical drinking’ in Soho pubs

    Hospitality
    Pub-goers 'vertical drinking'.
  • Row erupts over Tory plan to stop Soho pub goers standing up 

    Hospitality
    Bustling Soho street scene with vibrant storefronts, diverse pedestrians, and iconic London architecture under clear skies
  • House prices in wealthy London boroughs fall by up to £300,000

    Property
    Waverton Investment Management and London & Capital combined into W1M.
  •  Burnham to unveil new cost of living measures on UK tour

    Politics
    Andy Burnham, Mayor of Greater Manchester, speaking outdoors with a lapel microphone on his suit jacket.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook