Government to ditch PF2 to fund infrastructure projects

PF2 only been used six times since 2012

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The use of PFI and PF2 to fund construction of hospitals and schools has fallen significantly
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The use of PFI and PF2 to fund construction of hospitals and schools has fallen significantly

The Chancellor announced today that the government will stop using the current model of private finance initiative (PFI) to fund the future building of infrastructure in response to concerns.

An announcement published alongside the Budget said that while existing Private Finance 2 and PFI contracts will not end, it will support private investment in infrastructure through other means such as...

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