§ Dr. Lynne JonesTo ask the Chancellor of the Exchequer if he will make a statement on the value for money to public funds of using PFI for financing public sector capital developments. [66524]
§ Mr. MilburnThe Private Finance Initiative is one of the forms of public-private partnerships by which the Government are harnessing private sector finance, innovation and management skills to modernise our infrastructure and improve public services. This Government, unlike the last, are making the PFI work in areas such as the National Health Service. Since the election we have signed £4 billion worth of PFI deals.