Lloyd’s confirms Blueprint Two cost remains unchanged at £300mn

05 December 2022

Lloyd’s today confirmed that total spending on the Blueprint Two modernisation programme is still forecast to be £300mn, despite a three-to-six-month delay in delivery.

This is in line with the £300mn of debt raised in 2019 to fund the modernisation programme.

PPL and the joint venture with the IUA and DXC are also funding elements of Blueprint Two delivery.

The

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