City backs Milburn appointment
Legal Week reports
January 21, 1999 at 09:06 AM
2 minute read
City lawyers have welcomed the Government's decision to put the chief secretary to the treasury, Alan Milburn, in charge of PFI and public-private partnerships.
Milburn takes over the brief from the former Paymaster General Geoffrey Robinson, who resigned from the Government over Christmas.
The rising Labour star was in charge of PFI at the Department of Health when he prioritised hospital projects and oversaw the signing of nine construction deals.
Freshfields PFI partner Nick Bliss welcomed Milburn's appointment. He said the minister's experience at the Department of Health meant he was "up to speed on the issues".
Martin Roberts, a PFI partner at Slaughter and May, added: "I am glad the Government has appointed someone with clout, but it is the day-to-day running of the PFI that is more important.'
Although former Robinson was in charge of PFIs, his replacement Dawn Primarolo will not be taking over this area.
Some City experts saw her lack of business background and left-wing credentials as a worrying obstacle to making key decisions about public/private partnerships.
Since Labour came to power there has been a mini-boom in PFI work, thanks partly to the appointment of a PFI taskforce headed by ex-Linklaters partner Adrian Montague.
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