Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Anneliese Dodds Excerpts
Tuesday 22nd May 2018

(5 years, 10 months ago)

Commons Chamber
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Robert Jenrick Portrait Robert Jenrick
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My hon. Friend is absolutely right. The initial intention of PFI was to transfer risk, when appropriate, to the private sector, and to drive up innovation and quality in a very small number of selective cases. That was perverted under the last Labour Government by Gordon Brown.

Anneliese Dodds Portrait Anneliese Dodds (Oxford East) (Lab/Co-op)
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We have learned from the experience of PFI; this Government—[Interruption.]

Anneliese Dodds Portrait Anneliese Dodds
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Thank you, Mr Speaker.

This Government have not. In the light of last week’s report on Carillion, we want to know whether the Minister can indicate which PFI contracts are being delivered by contractors that are deemed to be actually or potentially high risk. Following last week’s reports that failed bidders for PFI contracts will be compensated, can he rule out bailing out firms that fail even to win contracts? We need answers on these questions now, not a history lesson.

Robert Jenrick Portrait Robert Jenrick
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As I have indicated, this Government’s approach to PFI is entirely different from that of the last Labour Government. The hon. Lady says that she has learnt the lessons. Well, it is a pity for the taxpayer, and for our children and grandchildren, that they were learnt so late.