Suddenly the case for private roadshas been ripped away from the tables at the Rose and Crown and thrust firmly into the mainstream thanks to David Cameron and Tim Wallace’s amazing headline this morning. This, for me, is a stand out quote:
The National Association of Pension Funds is already working with the government to find a suitable model to tempt its members to invest some of their £800bn of assets in infrastructure – the long-term nature of such investment could provide a steady income stream matching pension funds’ liabilities.
Here we have a group of people invited to act in their own self interest and in the congruent interests of the voting and tax paying public. I am sure there will be tax payer subsidies and regulations to stuff up the works but the idea that greedy capitialists might want to build a road is being talked about on the third paragraph of a daily newspaper’s front page. Even if City AM is a bit special, this is very happy news indeed.