Private Finance Initiative

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 25th January 2001.

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Photo of Stephen Timms Stephen Timms The Financial Secretary to the Treasury 12:00 am, 25th January 2001

I think that the hon. Gentleman's point argues against the conclusion that he draws from it. There are indeed considerable benefits to be gained from bringing in the skills of the private sector in planning and managing construction projects in the public sector—for example in the health service. We are realising those benefits through the approach that we have taken.