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The Treasury finds that Britain has still not converged sufficiently with the euro area to allow early membership.
But critics doubt that much risk is really transferred to the private sector and worry about whether the way PFI bids are compared with conventional procurement methods is fair.The Treasury finds that most PFI projects have been delivered on time a welcome improvement on the delays that used to occur with public investment.
Whereas the chancellor has consistently insisted that reducing the deficit must take priority over early tax cuts, only 7% of respondents believe that if the Treasury finds itself with money to play with, the first thing to do should be repay government debt.
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Agriculture finds no mention in the accord.
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