Private finance urged for new Forth crossing
ALEX Salmond's economic advisers have urged him to use private finance to pay for the new Forth Road Bridge.
The Council of Economic Advisers has warned the Scottish Government should think again about its preferred option of using public money for the 2 billion project.
Chairman Sir George Mathewson said he shared the SNP's distaste for private finance initiatives.
But he said: "In the short term, in our view, and given the restriction limiting the Scottish Government's capacity to borrow, the Scottish Government can and will have to take advantage of opportunities to achieve the maximum freedom it can within the existing situation."
The new Forth crossing will be the country's biggest ever infrastructure project.
A Scottish Government spokesman insisted public finance remained at the centre of the plan, saying: "Our position remains that we will pay for the Forth crossing using public funds."
- Family mourn death of Glasgow ‘fight’ schoolboy
- Rangers takeover: Duff & Phelps threaten legal action against BBC
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Rangers administration: Fans fear Duff & Phelps claims could scare off Green
- Rangers takeover: triple penalty punishment enough, says Johnston
- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Scottish independence: Alex Salmond’s pledge to sign up 1m voters
- Today’s youth not fit to be employed, says car firm Arnold Clark
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Sunday 27 May 2012
Today
Sunny
Temperature: 10 C to 22 C
Wind Speed: 12 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 9 C to 21 C
Wind Speed: 12 mph
Wind direction: North east

