Government unveils PF2 infrastructure strategy

The government has unveiled its plans to include public sector investment in future 'PF2' infrastructure projects following its review of the divisive Private Finance Initiative (PFI).

The new consultation, ‘A new approach to public private partnerships’, and draft shareholders' agreement outline the way in which the government will pay for essential infrastructure like schools, hospitals and other public buildings.

In December the government said this would include taking a share of the equity in future PF2 projects. According to the new documentation the government will invest equity “up to”...

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