Plans to fix Parliament could take more than 60 years and cost up to £40bn

Proposals say the current cost of maintaining the building in ‘unsustainable’ - (PA)

MPs and peers have been presented with options to restore Parliament at a cost of up to almost £40bn.

The restoration and renewal client board has put forward two options: one for a “full decant”, which would see both houses move out of the Palace of Westminster while works take place, and another where the palace would be worked on in stages.