Lord Macpherson of Earl's Court
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Capital Investment and Share Ownership
Lord Macpherson of Earl's Court Excerpts(1 day, 18 hours ago)
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Lord Livermore (Lab)
I am very interested in what the noble Baroness says, and I will look at that further. As I say, the 10-year infrastructure strategy will be the point at which we set out the Government’s approach to private investment in infrastructure. I cannot say more than that at this point.
Lord Macpherson of Earl’s Court (CB)
My Lords, does the Financial Secretary agree that, generally, the quality of PFI projects has improved over time, with an increasing number transferring risk successfully to the private sector and the projects being delivered on budget and on time? Given that the ONS now classifies pretty much all PFI projects as being on balance sheet, can he encourage the Treasury to provide sufficient expenditure cover in the spending review to support innovative public/private partnership proposals?