Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

in brief The Treasury

The Treasury has created an investment agency, UK Capital, to take over the running of the private finance initiative. The agency could be responsible for investing as much as £1.2bn a year. It is to be headed by Adrian Montague, chief executive of the original Treasury PFI taskforce, and will operate independently of the Government.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.