The decision that a scheme is in the national interest is not the same as an assessment that it can be fully funded out of commercial charges, says Professor Stephen Glaister, writing in this issue of LTT.
He points out that the new Accounting Officers’ assessment indicates that the government has estimated the value for money of three main options: full public funding; a hybrid option; and full funding out of increased charges to users.
“As expected, they confirm that...
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