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Local transport settlement: Issue 597 25 May 2012

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Funding / Financing, Local transport, All of UK

Funding the financing

RAC Foundation director Stephen Glaister usefully emphasised the distinction between financing and funding at last week’s Waterfront conference on transport infrastructure investment. Most of the day’s discussion was devoted to the topic of financing and who would provide the upfront cash to allow projects to get off the ground. And so there was much discussion about developing the right conditions for pension funds, investment funds and foreign banks to make investments in UK...

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