[Mrs Anne Main in the Chair] — Backbench business — Private Finance Initiative

Part of the debate – in Westminster Hall at 2:30 pm on 23 June 2011.

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Photo of Jesse Norman Jesse Norman Conservative, Hereford and South Herefordshire 2:30, 23 June 2011

I shall be talking about the early history of the PFI shortly. As my hon. Friend implies, the Ryrie rules were an important part of the fiscal stringency that surrounded that project. What the issue of the Dartford crossing brings out is that PFI is often successful on these economic infrastructure projects and less effective on social infrastructure projects.