Nicholas Soames – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Nicholas Soames on 2014-04-28.

To ask Mr Chancellor of the Exchequer, what the value of guarantee was of his Department’s largest 200 infrastructure projects in (a) 2010-11 and (b) 2013-14.

Danny Alexander

The UK Guarantees scheme did not exist in 2010-11. Following its introduction in 2012, Drax Power, the Northern Line Extension and Mersey Gateway Bridge are the projects in the National Infrastructure Plan that have benefited from the scheme. The total value of those three guarantees is £1,082,000,000

The infrastructure pipeline published alongside the National Infrastructure Plan 2013 provides a forward looking, bottom-up assessment of overall planned and potential infrastructure investment in the UK to 2020 and beyond, and includes details of the projected value of individual investments. It includes large public and private infrastructure projects and capital programmes (generally worth £50 million or over) and can be found here:

https://www.gov.uk/government/publications/national-infrastructure-plan-2013

The pipeline has been published annually since it was first published in 2011.

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