§ Mr. GibbTo ask the Chancellor of the Exchequer if he will publish the terms of reference of the second review by Sir Malcolm Bates of the Private Finance Initiative. [60686]
§ Mr. Geoffrey RobinsonThe terms of reference of the review to be conducted by Sir Malcolm Bates were set out in a Press Notice issued by the Treasury on 12 November 1998.
§ Mr. CaplinTo ask the Chancellor of the Exchequer if he will publish figures showing(a) the total value of private sector investment in the period covered by the comprehensive spending review, resulting from PFI projects and (b) the public spending commitments from 1999–2000 onwards resulting from PFI projects signed or expected to be signed by the end of the comprehensive spending review period. [60837]
§ Mr. Geoffrey RobinsonThe figures are set out in the tables.
847W
Total capital investment by private sector £million Sponsor Department 1998–99 1999–00 2000–01 2001–02 Defence 340 300 220 220 Foreign Office and Overseas Development 20 30 0 0 Agriculture1 50 20 20 10 Trade and Industry2,3 30 50 20 10 Environment, Transport and the Regions 470 1,050 940 1,160 Education and Employmene4,5 10 20 30 10 Home Office 70 270 280 190 Legal Departments 30 30 20 10 Culture. Media and Sport 10 20 10 0
Total capital investment by private sector £million Sponsor Department 1998–99 1999–00 2000–01 2001–02 Health 310 610 740 690 Social Security 90 260 170 20 Scotland 310 520 320 60 Wales 110 150 120 70 Northern Ireland 20 40 60 20 Chancellors Departments 30 50 30 20 Local Authorities5 300 600 600 600 Total 2,200 4,020 3.580 3,090 1Includes Forestry Commission 2 In June 1998 the Deputy Prime Minister announced that the CTRL deal was being restructured. The figures above reflect the current most likely profile for private sector investment although the profile may change as result of on-going negotiations. A further announcement will be made to Parliament on the outcome of the current negotiations in due course. 3 In addition substantial private sector investment is levered in through housing, urban generation and other programmes. 4 Excludes PFUPPP activity in education institutions classified to the private sector. The estimated total capital investment for major PFUPPP projects for these institutions is expected to be £93m in 1998–99 5PFI in Local Authority schools is included in the Local Authorities line
Public Sector Spending Commitments Year £million 1999–00 1,580 2000–01 2,030 2001–02 2,390 2002–03 2,780 2003–04 2,990 2004–05 3,240 2005–06 3,220 2006–07 3,200 2007–08 3,130 2008–09 3,010 2009–10 3,040 2010–11 3,090 2011–12 3,120 2012–13 3,020 2013–14 2,810 2014–15 2,770 2015–16 2,560 2016–17 2,560 2017–18 2,540 2018–19 2,110 2019–20 2,110 2020–21 2,080 2021–22 2,110 2022–23 2,030 2023–24 1,920 2024–25 1,860 2025–26 1,530 2026–27 1.400