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• Question by: Damian Hockney
• Meeting date: 15 February 2007

All right, David. One thing that I am a bit concerned about is that, if you look, for example, at the actual stadium and you look at the original quote of £280 million, the Government has now acknowledged it will be higher than that because of the fact that you want a legacy from it; you do not just want a temporary 80,000 seat stadium. Now, the problem is that that tends to indicate to me that no account initially was taken of a possible legacy use, so therefore there is at least another £100 million in costs. Ignore the...

• Question by: Damian Hockney
• Meeting date: 15 February 2007

If I turn to other areas, you mentioned - Sydney and Athens, and so on. My problem with the situation is, if you look at Athens, and, five years earlier, at a lot of the other venues, and with things like rowing and so on, these things were promised to be legacy. If you look at all the original stuff, it said, `this will be legacy'. But the rowing area now has, sort of, environmentally despoiled a wetlands area. The problem is, I cannot find any situation where I can trust claims. It all seems very pie in the sky...

• Reference: 2007/0012-1
• Question by: Damian Hockney
• Meeting date: 15 February 2007

Does the original budget include provision for all venues to be suitable for community usage after the Games?

• 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...

• 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?

• 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?

• 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?