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RAYNSFORD BACKS NOMURA

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Construction minister Nick Raynsford has come out in favour of the Japanese Nomura-backed theme park bid to take over the Dome ahead of the rival Legacy business units proposal, as final presentations were made this week.

Raynsford told BBC Radio 4's Today programme that the Nomura bid was the one which 'best builds on what is there at the moment and makes best use of the legacy.' Last week Nomura edged into the lead in the contest after a Commons select committee hearing (AJ 6.7.00).

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