Wates calls for PFI reboot to unlock schools and hospitals

Wates Group is urging ministers to revive private finance initiatives to help fund the next wave of public infrastructure, warning that without private cash the UK can’t build the schools, hospitals and housing it desperately needs.
The contractor unveiled a new “Alliance Investment Model” at today’s Real Estate Investment and Infrastructure Forum in Leeds.
Wates CEO Eoghan O’Lionaird said it was time to ditch the stigma around PFI and unlock pension fund investment