interestrateripoff Posted March 24, 2011 Report Share Posted March 24, 2011 http://www.thestar.co.uk/news/business/sheffield_gets_1_2_billion_for_roads_and_lights_1_3216506 SHEFFIELD’S roads will be brought up to scratch after the Government today confirmed a £1.2 billion Private Finance Initiative deal for resurfacing, new street lights and maintenance over the next 25 years will go ahead.Transport Minister Norman Baker was in Sheffield to make the long-awaited announcement. Work will start in Spring 2012. I wonder how much this will end up costing local taxpayers in the long run? Quote Link to post Share on other sites
Mish Mash Posted March 24, 2011 Report Share Posted March 24, 2011 http://www.thestar.c...ights_1_3216506 I wonder how much this will end up costing local taxpayers in the long run? It's PFI. Probably at least double the estimate. Quote Link to post Share on other sites
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