Constructive criticism is one thing, we are determined to refine and improve our approach wherever possible and have responded positively to the Committee's points. But some of the recent strident comments are, I believe, unfortunate and misplaced, and show a profound misunderstanding of the aims of the whole policy. Suggestions that this is all purely ideologically driven to subsititute for capital spending cuts are complete nonsense. Rumours of its demise are false.
Interest continues to grow, projects continue to be announced.
The PFI is here to stay. Material on other Treasury matters can be found at this address.