Emirates Spinnaker Tower mid-2005. Because of the six-year delay in opening and not having been ready for the Millennium as planned, the tower was renamed as Spinnaker Tower. The overall development project was over budget, with the tower costing £35.6 million alone. Taxpayers were never intended to fund the tower, but Portsmouth City Council eventually contributed £11.1 million towards construction. In March 2004, Portsmouth Council's former leader Cllr Leo Madden resigned as leader of the Labour Group on the council after a highly critical report of the council's handling of the project and its failure to exploit revenue opportunities, such as the Millennium.
Spinnaker Software each. The Windham Classics corporation went defunct circa 1985/86 or later. The Telarium Corporation went defunct in 1987. In response to a severe, if temporary, downturn in consumer purchases of personal computers in the mid-to-late 1980s, and the shift in the market from more entertainment-oriented machines from Commodore and Atari toward more small business and personal productivity software running on IBM PC clones, Spinnaker decided to phase out its educational and entertainment titles and focus on personal productivity. In 1985 Spinnaker created the "BetterWorking" brand of productivity software for adults. In 1990 Spinnaker bought Springboard, creator of Springboard Publisher and