The charge came during a Treasury questions session in the Commons from Tory accountant-MP Nick Gibb, after demanding a statement on PFI commitments in the health sector.
Gibb said PFI commitments had risen to the point where repayments due in 2007 have risen from £3.7bn forecast in 1999 to £5bn forecast now.
He asked: ‘Has the government set themselves a Golden Rule for a maximum figure for such payments?’
Chief Treasury secretary Paul Boateng evaded the question with the retort: ‘What we are doing is investing in the NHS…actually building hospitals.’
He said the government had build 25 new hospitals using PFI, with 114 still under construction, which was ‘good news for the NHS, good news for patients and good news for clinicians’.
And he paid tribute to Coventry North West Labour MP Geoffrey Robinson, the firmer Treasury minister, claiming he was owed ‘a debt of gratitude for his contribution to the successful development and implementation of PFI’.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016