HC Deb 13 March 1995 vol 256 c431W
Ms Mowlam

To ask the Secretary of State for Northern Ireland how much Government money was spent(a) in total and (b) on each project on the private finance initiative in (i) 1990, (ii) 1991, (iii) 1992, (iv) 1993 and (v) 1994.

Sir John Wheeler

The private finance initiative was launched by the Chancellor of the Exchequer in November 1992. The Government contribution to projects and programmes deemed relevant to the initiative, for the financial years since launch, is as follows:

£000
Project 1993–94 1994–95 Estimated Outturn
Urban Regeneration Grant 13,290 4,760
Housing Associations 30,800 25,600
Water Executive 15 122
Hospital Equipment Leasing 238 n/a
Total 44,343