Scottish Futures Trust

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{{Use British English|date=June 2017}}

File:Scottish Futures Trust logo.svg

The Scottish Futures Trust (SFT) is an executive non-departmental public body of the Scottish Government,{{cite web|url=https://www.gov.scot/publications/national-public-bodies-directory/pages/executive-non-departmental-public-bodies/|title=Executive non-departmental public bodies|work=National Public Bodies Directory|publisher=The Scottish Government|accessdate=14 August 2019|location=Edinburgh|date=July 2018}} established in September 2008 to improve public infrastructure investment. SFT operates at arm's length from the Government but works closely with the public and private sectors to deliver value-for-money on all public sector infrastructure investment across the country.

Background

In their manifesto for the 2007 election, the Scottish National Party (SNP) proposed the Scottish Futures Trust as an alternative to [[Public–private partnership|

PPP]]/PFI, encouraging greater use of public bonds, to access to lower-cost borrowing.{{cite news |url=http://www.scotsman.com/news/politics/scottish-futures-trust-cannot-work-just-yet-1-698759 |title=Scottish Futures Trust cannot work just yet |work=The Scotsman |date=8 November 2007 |accessdate=11 April 2016}} It was a solution conceived to allow the devolved administration to gain some leverage around private sector investment.{{cite news |url=https://www.holyrood.com/articles/feature/follow-money-pfis-replacement-innovative |title=Follow the money - is PFI's replacement innovative? |first=Paris |last=Gourtsoyannis |work=Holyrood |date=5 May 2014|accessdate=11 April 2016}}

See also

References

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