SALE OF THE COUNTY HALL

Motion Text

That this House draws attention to the fact that there is still £10 million owned by the Shirayama Group from its original purchase price for the County Hall, London SE1; notes that under the giveaway price sanctioned by the then Conservative Government no interest is payable on the balance which does not need to be paid in full until 2012; believes Londoners were swindled by Shirayama and the Thatcher Government; and demands that Her Majesty's Government re-negotiates the deal.