PFI - no spending cuts for two years

PFI - no spending cuts for two years - 1995 - Building 260(7895) 2 June 1995, 7(1) .

Dr Richard Roberts, senior economist at Barclays Bank warns that the Private Finance Initiative (PFI) will do little to offset a decline in publicly-funded construction before 1997-1998 contrasting with the Chancellor of Exchequer`s predictions in the 1994 Budget statement. The Labour Party`s "New partnership for investment" outlines a five point plan to encourage private investment.


LABOUR PARTY
PRIVATE FINANCE INITIATIVE
PRIVATE SECTOR
PUBLIC SECTOR