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GOVERNMENT PINS INFRASTRUCTURE HOPES ON PRIVATE FUNDING

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The government is pinning its hopes of restoring the UK's crumbling infrastructure on attracting private sector fin...
The government is pinning its hopes of restoring the UK's crumbling infrastructure on attracting private sector finance, the Times reports (p12).

Chancellor Kenneth Clarke said the government was promoting three projects: modernisation of British Rail's west coast main line from London to Glasgow; a £200 million Scottish air traffic control centre; and a £100m Docklands light railway extension.

But Mr Clarke made clear that funding for the projects must come from the private sector, the Times says.
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