Treasury ‘still committed' to PF2

10 March 2017 Exclusive: Failure to publish pipeline at Budget should not concern market; sources suggest pipeline will emerge in spring

The Treasury remains committed to developing and publishing a PF2 pipeline, a spokesperson from the IPA has confirmed.

Following concerns from the market over the lack of any announcement in the Budget, the spokesperson reassured: "At the Autumn Statement we committed to publishing a pipeline of PF2 projects in early 2017 and that is still the case.”

Concerns were raised after Chancellor Philip Hammond did not mention PF2 anywhere in his Budget earlier this week, despite previous indications that the Infrastructure and Projects Authority (IPA) had been working towards 8 March as a deadline for getting the pipeline together.

Industry sources suggest that the pipeline will still be published in the first half of this year, with the end of April or beginning of May now seen by some as the most likely time for publication.

This page was last updated on:
18 December 2017.

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