We do not comment on commercial deals or the costs as the UK Government needs to retain commercial sensitivity and competitive tension in order to secure the best deal for the taxpayer in other locations.
HM Revenue and Customs (HMRC) will be the major occupier, taking up around 90 per cent of available space. New Waverley will be a significant part of HMRC’s transformation to become a smaller, more highly-skilled operation fit for the digital age and able to deliver a better and more modern service at lower cost to the taxpayer.
It will contribute to overall savings for the taxpayer of more than £300 million up to 2025, and after 2025 deliver annual cost savings of more than £90 million. Alongside the cost savings the programme will deliver value for money through wider benefits; co-locating teams in a large office will enable collaborative working across government, sharing of expertise, promotion and career development without the need to move.