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State-backed bank for PFI.

State-backed bank for PFI. - 1999 - Times 22 June 1999, 37(1) .

The government plans to create a new state-backed bank, UK Capital, which would have as much as £1.2bn to invest in PFI (Private Finance Initiative) schemes. UK Capital would be 49% government owned and 51% private. The idea is not welcome in the City.

Subjects--Topical Terms:
PFI
PRIVATE FINANCE INITIATIVE
UK CAPITAL

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