• Over 630 PFI projects delivering infrastructure investment of over £63 billion have been signed since 1992.
  • Over 540 PFI projects now fully operational.
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Friday, March 20, 2009

NAO publishes report on BSF

The National Audit Office publishes report entitled "The Building Schools for the Future Programme - Renewing the secondary school estate."

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Tuesday, March 03, 2009

Treasury announces lending to PFI projects

The Chief Secretary to the Treasury, Yvette Cooper, today announced that Government will lend to Private Finance Initiative projects that cannot raise sufficient debt finance on acceptable terms, lending alongside commercial lenders and the European Investment Bank. It will also be able, where necessary, to provide the full amount of senior debt required by a project. The chief objective of this initiative is to ensure that infrastructure investments that the Government has planned do not stall as result of current credit market conditions.

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Tuesday, March 03, 2009

Ipsos MORI report on performance of operational PFI projects

Ipsos MORI has produced research for Partnerships UK and HM Treasury investigating the performance of operational Private Finance Initiative (PFI) contracts.

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Tuesday, March 03, 2009

Government to 'prop up' PFI deals
BBC Website 

Ministers are to lend £2bn of public money to private firms building schools and other projects under the Private Finance Initiative (PFI).

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Sunday, February 15, 2009

PFI 'may need government funds'
BBC website 

The government could have to bail out Private Finance Initiative projects to the tune of £4bn in the next 18 months, an industry spokesman has warned.

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Tuesday, January 27, 2009

School and hospital building works delayed by financial crisis
Daily Telegraph | Matthew Moore

Billions of pounds worth of infrastructure projects have been delayed by the financial crisis, it has emerged, threatening to undermine Gordon Brown's plan to revive the economy with a massive programme of public works.

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