HL Deb 20 July 1999 vol 604 cc95-6WA
Lord Shore of Stepney

asked Her Majesty's Government:

What has been the annual amount contributed to public investment projects made through Private Finance Initiative schemes agreed in 1997 and 1998; and what are present estimates for such investments under PFI agreements in 1999 and 2000. [HL3600]

Lord McIntosh of Haringey

The following table, compiled from the Financial Statement and Budget Reports (FSBR) 1998 and 1999, details capital spending by the private sector in Private Finance Initiative projects from the period 1997 to 2000:

£ million
Year Total
1997–98 1,535.97
1998–99 2,185
1999–2000 3,803
2000–01 4,133

Notes:

Figures include CRTL and local authority schools but exclude spending in further and higher education. For detailed information of capital spending by sector, Table B16 on page 162 of the FSBR 1999 provides the latest picture.

Source:

Financial Statement and Budget Report: 1999 and 1998.