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Taxpayers' money to be used for PFI projects

Gordon Brown is set use taxpayers money to fund big private finance initiative deals in order to accelerate projects stalled by the credit crunch.In a bid to get multi-million pound deals off the ground in the face of the banks reluctance to lend, the Treasury is working on plans that could see an infrastructure fund created to provide long-term bridging loans from the taxpayer to PFI projects.Alternatively, departments such as local Government, ...