London Daily

Focus on the big picture.
Tuesday, Jul 28, 2026

British Parliament repairs could run to £14bn – media

British Parliament repairs could run to £14bn – media

Repairs to the Palace of Westminster could last for two decades and cost £14 billion, exceeding initial estimates more than three times, the British media has learned.
UK MPs and peers would do well to find a new home that would suit them for the long haul, as what was initially projected to be a six-year refurbishment of both Houses of Parliament could now swell to 20 years, according to The Telegraph, citing an unnamed government source. The cost has also reportedly ballooned exorbitantly, with the £14 billion ($18.7 billion) price tag being “one estimate that has been discussed.” Initial projections put the cost at approximately £4 billion.

The unnamed official told The Telegraph that as “MPs will have to vote on these plans and they will have to be able to justify such a project to their constituents,” they are likely to be “incredibly concerned by these suggested costs and timescales.” According to the paper, the Restoration & Renewal Sponsor Body, which is composed of MPs, peers, historians, and infrastructure experts, calculated that the work could last a whopping 30 years unless the lawmakers vacate the building. Moreover, in his letter to MPs earlier this year, Lord Fowler, a former speaker of the House of Lords, reportedly warned them that continuing to work in situ could also further add to the costs.

However, the British media outlet says this is the worst-case scenario, with at least one more plan under consideration that would require the MPs to work outside of the Palace of Westminster for 12 to 15 years.

According to media reports, the body tasked with the restoration of the Houses of Parliament expects to present a final plan to the lawmakers in 2023, while the whole of next year will be spent further analyzing the building’s structures and the level of their deterioration.

A key problem faced by the restoration effort is a lack of skilled stonemasons, plasterers, and historic window experts, with officials admitting they are struggling to find some of the craftsmen needed.

The Palace of Westminster in its present form was built in place of the old palace, which was destroyed by fire back in 1834. Its construction was largely finished by 1860.
Newsletter

Related Articles

0:00
0:00
Close
OpenAI Faces Demands for Full Disclosure After Models Breach Hugging Face
Badenoch Offers Tory Votes to Keep Serious Offenders in Prison
Why Americans Queue for $15 Ice Cream and a $100 Caviar Pint
Another AI Genius Left the United States — and Silicon Valley Is Starting to Worry
Shein Reports $99mn Loss as Trade Barriers Test Low-Cost Model
CXMT Gains 466% in China’s Biggest IPO Since 2010
Amazon Seeks Approval for 5,105-Satellite Mobile Network
Burnham Puts School-to-Work Reform at Centre of Welfare Strategy
Johnson & Johnson Agrees to $5.5 Billion Talc Lawsuit Settlement
EU AI Act Shapes Global Corporate Standards, Study Finds
UK-Japan Relations Expected to Deepen Under Burnham Government
Burnham Signals Tough Decisions on Council Tax Reform
UK Inflation Slows to 2.6% in June
Bank of England Holds Interest Rates at 3.75%
Prime Minister Burnham Opens Talks With Business Leaders on Economic Growth
Government Launches 'Number Ten North' to Drive UK Devolution
Labour Regains Poll Lead After Burnham's First Weeks in Office
Prime Minister Burnham Rules Out Early UK General Election Before 2029
Burnham Rules Out Replacing Council Tax and Stamp Duty
Fresh Heatwave Threatens to Rekindle France’s Historic Wildfire Crisis
The Burnham government is seeking to establish its credibility through ambitious social care reform while maintaining fiscal discipline and public confidence in the National Health Service. Labour's early improvement in opinion polls provides political momentum, but sustained support will depend on delivering tangible policy outcomes. Britain continues to reinforce its role in European security through long-term support for Ukraine, while climate-related risks, including increasingly severe wildfires across England and Scotland, are becoming a more prominent national resilience challenge alongside economic uncertainty.
United Kingdom Economy Remains Exposed to Global Energy Risks
Prime Minister Dismisses Calls for an Early General Election
Scottish Wildfires Continue to Stretch Emergency Services
United Kingdom Faces Rising Wildfire Risk as Heatwave Continues
Lower Oil Prices Ease Inflation Concerns and Support Financial Markets
Financial Conduct Authority Launches Consumer Campaign on Car Finance Compensation
Government Prioritises Employment Over Benefit Cuts in Welfare Reform Plans
Prime Minister Rules Out Sweeping Property Tax Changes Before Autumn Budget
AstraZeneca Beats Expectations as Cancer Medicines Drive Strong Profit Growth
Labour Regains Narrow Polling Lead After Burnham's First Week in Office
United Kingdom Reaffirms Long-Term Commitment to Ukraine Under Burnham Government
Prime Minister Andy Burnham Makes Social Care Reform the First Major Test of His Government
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
Autopsy Finds No Violence in Death of Epstein-Linked Model Scout
Indian Education Minister Resigns After Cockroach Youth Protests
California Desert Data-Centre Plan Stalls as Water and Power Disputes Mount
Northern Ireland Border Security Tightened After Military-Grade Explosive Interception
British Hospitality Sector Targets Summer Visitors Through Regional Promotions
England River Access Debate Intensifies After New Data Shows Limited Public Access
Royal Navy Strengthens Maritime Vigilance Amid Rising Security Concerns
UK Education Department Expands Mental Health Support for Young People Entering Work
UK Tourism Industry Launches Summer Campaigns to Boost Domestic Travel
North England Transport Plans Advance to Support Industrial Growth
Financial Markets Watch New Government’s Economic Strategy as Investors Assess Fiscal Risks
Royal Navy Continues Monitoring Russian Naval Activity Near UK Waters
UK Care Workers May Receive Immigration Exemptions Under Proposed Visa Changes
Health Secretary Yvette Cooper Begins Emergency Talks to Address NHS Staffing Shortages
UK Banks Launch High-Interest Savings Offers to Attract Household Deposits
North Sea Oil Drilling Projects Face Delays After Offshore Equipment Accident
×