Proceeding contribution from Stewart Hosie (Scottish National Party) in the House of Commons on Monday, 23 April 2007. It occurred during Debate on bill on Finance Bill.
Finance Bill
The problem with PFI is not simply the £169 billion-worth of payment liabilities, up from £142 billion 12 months ago, but that the PFIs themselves are not clear. The Red Book says:"““These contracts contain periodic reviews every 7.5 years and therefore the service payments are not fixed after 2009-10?." Is not the problem that those are dreadfully expensive, and in some cases extraordinarily so, and yet there is no clarity whatever about the outstanding total liability or the capital cost that leads to that liability?
Secondary information
- Type
- Proceeding contribution
- Reference
- 459 c737
- Session
- 2006-07
- Chamber / Committee
- House of Commons chamber
- Subjects
- Crime Agriculture Aviation Business Corporation tax Climate change Buildings Bureaucracy Capital allowances Fraud Housing Education Environment Investment Income tax Energy Electricity generation Economic situation Floods Inflation Pensions Olympic Games Passengers Petrol Partnerships Pension funds Small businesses Regional planning and development Tax allowances Tax avoidance Taxation Research Tax rates and bands Rural areas Off-payroll working
- Legislation
- Finance Bill 2006-07
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 12:17:03 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_391384
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