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PFI - no spending cuts for two years

Language: English Series: Building ; 260(7895) 2 June 1995, 7(1)Publication details: 1995Subject(s): Summary: 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.

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.