Dome's future in doubt after bank pull-out

London - The future of the Millennium Dome was thrown into more uncertainty yesterday as a Japanese bank, Nomura, pulled out …

London - The future of the Millennium Dome was thrown into more uncertainty yesterday as a Japanese bank, Nomura, pulled out of its proposed £105 million bid to buy it.

The bank said it had "reluctantly" withdrawn from negotiations to take over the Dome from next year because of "substantial uncertainty" about what assets the New Millennium Experience Company could deliver.

The Minister in charge of the dome, Lord Falconer, said he would not resign despite Nomura pulling out of the deal to buy the attraction in Greenwich, London.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up for push alerts to get the best breaking news, analysis and comment delivered directly to your phone

  • Listen to In The News podcast daily for a deep dive on the stories that matter