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1007034

registered interest
date	14/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect of changes to PFI contracts announced in Budget 2018 on job security.
tabling member constituency	Newcastle upon Tyne Central
tabling member printed	Chi Onwurah
uin	191410
answer	answer is ministerial correction date of answer 19/11/2018 answer text <p>The government has announced that it will no longer use Private Finance 2 (PF2), the current model of the Private Finance Initiative (PFI), for new projects. PF2 has not been used since 2016.</p><p> </p><p>However, the government will continue to support private investment in infrastructure through a range of successful established tools. Project finance and commercial skills therefore remain highly valued and critical to infrastructure delivery for government. The government has announced that it will honour existing PFI and PF2 contracts. In addition, the government will launch a pilot ‘Centre of Best Practice’ (CBP) in the Department of Health and Social Care to help Trusts maximise the value of their existing PFI contracts.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 19/11/2018 13:21:04 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4124 label Biography information for Chi Onwurah

1006098

registered interest
date	13/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what his Department's definition is of privately financed in relation to infrastructure projects.
tabling member constituency	Richmond Park
tabling member printed	Zac Goldsmith
uin	190874
answer	answer is ministerial correction date of answer 19/11/2018 answer text <p>Private finance is a way to deliver infrastructure projects in which the private sector invests equity and/or lends in order to facilitate the development, delivery, and/or operation of a project, asset or entity with the expectation of earning a return on the investment.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 19/11/2018 13:38:37 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4062 label Biography information for Lord Goldsmith of Richmond Park

818992

registered interest
date	09/01/2018
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how much tax was paid to the public purse by private finance initiative companies, by sector, in each year since 2010.
tabling member constituency	Walthamstow
tabling member printed	Stella Creasy
uin	121669
answer	answer is ministerial correction date of answer 15/01/2018 answer text <p>Private Finance Initiative companies operate similar to any private company and face the same tax treatment.</p><p> </p><p>The Government cannot comment on the confidential tax affairs of individual company or group taxpayers.</p><p> </p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 15/01/2018 13:52:46 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4088 label Biography information for Stella Creasy

758614

registered interest
date	07/09/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Private Finance Initiative
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how much debt the Government owes on existing private finance initiative contracts.
tabling member constituency	Easington
tabling member printed	Grahame Morris
uin	9556
answer	answer is ministerial correction date of answer 14/09/2017 answer text <p>Treasury does collect and publish information on the unitary charges of PFI projects. The unitary charge covers the payment of debt interest and repayment as well as services. This information can be found at https://www.gov.uk/government/publications/private-finance-initiative-and-private-finance-2-projects-2016-summary-data. We do not collect data on the unitary charge broken down into its constituent parts, including the amount of debt owed by the project company.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 14/09/2017 13:29:38 answering member 4097 label Biography information for Elizabeth Truss
tabling member	3973 label Biography information for Grahame Morris