Originally Posted by ZH875
My guess:
Tranche 3 Typhoon to be navalised to equip the FAA
FSTA cancelled, but 6 ex-C-130K bought at twice the price we sold them for.
Chinook HC3 to be sold to pay MOD damage claims bill.
I wonder if this move might make PFI less attractive?
From The Telegraph. Brown poised to break key fiscal rule
By Robert Watts (Filed: 25/06/2006)
Gordon Brown is poised to smash one of his highly prized fiscal rules because of new plans to bring billions of pounds of debts from the Private Finance Initiative onto the Government's books.
The inclusion of the controversial PFI deals, under which £53bn of public sector assets has been procured, will add billions of pounds to the national debt and almost certainly lead to the breaking of the chancellor's "sustainable investment" rule - that net debt should not rise above 40 per cent of gross domestic product.
I wonder what impact this will have to several of our major projects?