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  • Potential for Further Budget Increases (Supplementary) [1]

    • Question by: Damian Hockney
    • Meeting date: 25 April 2007
    Sir Roy, how much of the £500 million construction contingency has so far been earmarked to be spent? There has been a lot of talk about this and a lot of rumours in the industry.

  • Potential for Further Budget Increases (Supplementary) [2]

    • Question by: Damian Hockney
    • Meeting date: 25 April 2007
    My only point really on this is that it is in that area where costs can so easily run away. In the industry, there are rumours; you speak to any of the major contractors or the journalists in the area, and they will tell you that £350 million of the £500 million has so far been earmarked, and that insiders within the ODA have told them this.

  • Potential for Further Budget Increases (Supplementary) [4]

    • Question by: Damian Hockney
    • Meeting date: 25 April 2007
    So it will not go to CLM (CH2M Hill International, Laing O'Rourke, Mace)? They will not be the people who will do it?

  • Potential for Further Budget Increases (Supplementary) [6]

    • Question by: Damian Hockney
    • Meeting date: 25 April 2007
    The fact that so few people appear to have tendered for the Aquatic Centre does that not concern you in terms of possibilities?

  • Potential for Further Budget Increases (Supplementary) [14]

    • Question by: Damian Hockney
    • Meeting date: 25 April 2007
    So if that £500 million contingency can last up to the end of next year, then how much more of the overall contingency budget that the Government has aside, which has been the cause of so much controversy, do you think you will need?

  • Potential for Further Budget Increases

    • Reference: 2007/0026-1
    • Question by: Damian Hockney
    • Meeting date: 25 April 2007
    Can you guarantee that there will be no further increase in the ODA budget announced by Tessa Jowell in March?

  • Investment in Tobacco Companies and the Arms Trade (Supplementary) [8]

    • Question by: Damian Hockney
    • Meeting date: 17 January 2007
    Our pensioners, Mr Newton, I am sure will take great heart I have to say from what I regard as a very responsible stand and your defence of their interests so I do congratulate you for that. One thing occurred to me. Obviously some people round here have talked about ethical investment and ethical being from their own stance. I totally accept and respect their position. Is there a possibility - and I certainly would not want such a thing; I do not want my pension being played as part of politics, even with things that I believe in personally...

  • Removal of Tax Credits on Share Dividends (Supplementary) [1]

    • Question by: Damian Hockney
    • Meeting date: 17 January 2007
    I think the main point is that if we do have even minor falls this ongoing amount of money taken from pensioners in Britain will have an impact. Do you still have forecasts and estimates for what will happen ongoing, say over the next five to ten years as a result of it?

  • Removal of Tax Credits on Share Dividends (Supplementary) [2]

    • Question by: Damian Hockney
    • Meeting date: 17 January 2007
    If it were removed, how helpful would that be? Say it were removed next year, how helpful would that be to the London Pensions Fund?

  • Removal of Tax Credits on Share Dividends

    • Reference: 2007/0009
    • Question by: Damian Hockney
    • Meeting date: 17 January 2007
    By how much has the current value of the fund been reduced as a consequence of the removal in 1997 of tax credits on share dividends and what impact has this had on the value of pensions paid by the fund?