Cabinet Office: Mercers Company
The question
To ask the Minister for the Cabinet Office, with reference to page 250 of the Cabinet Office annual report and accounts 2024-25, published on 23 October 2025, what is the (a) purpose and (b) function of the Gresham Estate contract.
Answered by Anna Turley
The responsibility of the Gresham Estate was transferred to the Office of Government Property (OGP) in 2018. This is an annuity payment which dates back to an Act of Parliament in 1768, when Lord Gresham gave the site to the Crown to use. The Act said he would be paid £500 per annum, and this liability passed to the Gresham Trust when he died, and this is now managed by the Mercers’ Company.
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