Private Finance Initiative

I am sure that, privately, you might be interested Mrs Main, but thank you for keeping me in order. What you—[Hon. Members: ““One!””]—or rather not you, Mrs Main, but an LEA wanting to build a school, would need would be to have the entire specification for the school for the subsequent 25 years up front. That is clearly impossible, and the banks make their money by charging enormous arrangement fees and ongoing charges as schools change their requirements. That is how the money continues to come in from those projects.