Saturday, 8 December 2007

Millennium Dome was insolvent from the start

The BBC reported yesterday that National Archive files from the Millennium Commission, which funded the Dome, show that on 28 January 2000 the project had run out of money and was insolvent.

The report also mentions that in 2002 a public consultation on lottery funding concluded that "there is (public) agreement that the (Millennium) Dome was a waste of good causes funds and that this project in itself has tarnished the supply of funds to large capital projects."

On Wednesday, Third Sector magazine reported mounting anger over losses of lottery good causes money to the 2012 Olympics is being fuelled by the Government's refusal to pledge that there will be no further lottery raids. Olympics minister Tessa Jowell has met third sector groups associated with the four lottery distributors but has so far declined to give this promise.

Some things never change.

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