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 planing dinghies as their speed generates an apparent wind on the bow allowing them to sail more directly downwind. It is also particularly useful in cruising yachts in the form of a "cruising spinnaker" or "cruising chute", where the ease of handling is important. A cruising chute is a form of asymmetric spinnaker used by cruising yachts and designed for easy use when short handed. Two sheets are used, with the tack line eased by a foot or so before gybing. Alternatively only one sheet is used, with the sail snuffed before a gybe. Many boats will have more than