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Partnerships UK.

Series: Financial Times ; 23 July 1999, 12 & 20 | Independent ; 23 July 1999, 2(4)Publication details: 1999Subject(s): Summary: 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.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3528-30 (Browse shelf(Opens below)) 1 Available 102289-1001

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.