HL Deb 11 October 1999 vol 605 c63WA
Lord Shore of Stepney

asked Her Majesty's Government:

Further to the Written Answer by the Lord McIntosh of Haringey on 20 July (WA 95–96), what is the estimated cost in each year 1997–98 to 2000–01 of servicing the private sector capital borrowed under the private finance initiative schemes to finance public investment projects. [HL3922]

Lord McIntosh of Haringey

In PFI projects, the private sector is responsible for financing the assets required to provide the services the public sector needs. The public sector pays for those services. Statistics on the costs to the private sector of its capital requirements are not therefore kept.