Reeves turns to Blair-style PFIs to fund new towns: The Telegraph

Reeves considers Blair-era PFIs to fund new towns

Chancellor Rachel Reeves asks investors if private finance initiatives (PFIs) are a good idea — obviously, they said yes, but the answer is no

Reeves turns to Blair-style PFIs to fund new towns

Chancellor considers using widely criticised deals with private sector to pay for infrastructure projects

Concerns Raised Over Return of PFI-Style Funding for New Towns – NATIONAL NEWS

Fresh questions have been raised over how Britain funds major infrastructure projects after reports suggested the Treasury is considering a greater role for private finance in the government’s new towns programme. Chancellor Rachel Reeves is understood to be exploring whether a modern version of Private Finance Initiatives (PFIs), now often referred to as Public-Private Partnerships (PPPs), could help fund large housing developments and associat…