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Parliament Restoration Could Cost Up to £40 Billion

Plans to restore the Palace of Westminster may hit £40bn and take 61 years unless MPs fully relocate, cutting costs to £11bn-£16bn over 24 years, per restoration board report. Critics call it eye-watering and unaccountable.

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1. Plans to restore Parliament could cost up to £40 billion
The restoration and renewal client board has put forward two options.

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2. Plans to restore Parliament could cost up to £40 billion
The restoration and renewal client board has put forward two options.

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3. Plans to restore Parliament could cost up to £40 billion
The restoration and renewal client board has put forward two options.

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4. Westminster refit could hit £40bn if MPs do not relocate
‘Full decant’ would bring cost down to £11bn-£16bn and would take 24 years, restoration team estimates

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5. Restoring the Palace of Westminster could cost ‘eye-watering’ £40bn
<p>New report also suggests renovations may take up to 61 years, as critics say project lacks accountability</p><p>Plans to restore the crumbling Palace of Westminster could cost £40bn and take up to 61 years, a report by the body set up to investigate how the project should be handled has found.</p><p>Critics labelled the cost as “eye-watering” and said the project lacked accountability.</p> <a href="https://www.theguardian.com/uk-news/2026/feb/05/restoring-the-palace-of-westminster-could-cost-eye-watering-40bn">Continue reading...</a>

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6. Move out of Westminster or face 60 years of repairs, MPs warned
Restoring the crumbling Houses of Parliament could cost more than £39bn and take between 38 and 61 years to complete, parliamentarians have been told.

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7. British Parliament Faces 60-Year Revamp, Rs 1.3 Lakh Cost Per Taxpayer: How India Did It Faster
Reports suggest that the long-pending renovation of the British Parliament is expected to take 60 years, along with a Rs 1.3 lakh cost for every taxpayer, if done in stages.