Partnerships UK.
Partnerships UK.
- 1999
- Financial Times 23 July 1999, 12 & 20 Independent 23 July 1999, 2(4) .
The Treasury has privatised part of its private finance initiative (PFI) taskforce as Partnerships UK, a part government owned bank. This will make its money by either taking equity stakes in projects it backs or charging a fee to public bodies whose projects it takes on. Its investments will be limited to recouping costs plus margin, debarring it from competing with existing equity finance for PFI projects.
PARTNERSHIPS UK
PRIVATE FINANCE INITIATIVE
PFI
HM TREASURY
The Treasury has privatised part of its private finance initiative (PFI) taskforce as Partnerships UK, a part government owned bank. This will make its money by either taking equity stakes in projects it backs or charging a fee to public bodies whose projects it takes on. Its investments will be limited to recouping costs plus margin, debarring it from competing with existing equity finance for PFI projects.
PARTNERSHIPS UK
PRIVATE FINANCE INITIATIVE
PFI
HM TREASURY