Cost of Nato's new HQ soars by 25 per cent

The construction costs for a new Nato headquarters in Brussels could soar by as much as 25 per cent presenting a bill to the British taxpayer of over £150 million at a time of national defence cuts.

The construction consortium building a state-of-the-art HQ for the Western Alliance has run into financial difficulties that could push the bill for the building up to a total of over €1.25 billion (£1bn).

Officials have confirmed "that the general construction contractor submitted a claim for extra costs and time to finalise the new Nato headquarters building, beyond their initial bid".

Read more