The following table sets out estimated capital spending by the private sector, by sponsoring department,96 for the financial years 2000/01 to 2003/04. The table shows that over the period estimated capital spending by the private sector will be just under £13bn.
Table 5: Departmental estimate of capital spending by the private sector (signed deals):
£ million
| Estimate |
|
| Projections |
|
| Total |
| 2000/01 |
| 2001/02 | 2002/03 | 2003/04 |
|
|
Defence | 121 |
| 147 | 200 | 100 |
| 568 |
Foreign and Commonwealth Office and International Development | 7 |
| 7 | 6 | 7 |
| 27 |
Agriculture, Fisheries and Fooda | 0 |
| 0 | 0 | 0 |
| 0 |
Trade and Industry | 36 |
| 6 1 | 24 | 26 |
| 147 |
Environment, Transport and Regionsb,c | 619 |
| 639 | 855 | 1,015 |
| 3,128 |
Education and Employmentd | 15 |
| 28 | 9 | 0 |
| 52 |
Home Office | 160 |
| 136 | 297 | 0 |
| 593 |
Legal Departments | 37 |
| 36 | 13 | 6 |
| 92 |
Culture, Media and Sport | 0 |
| 0 | 0 | 0 |
| 0 |
Health | 491 |
| 501 | 235 | 67 |
| 1,294 |
Social Security | 42 |
| 17 | 67 | 14 |
| 140 |
Scotland | 540 |
| 289 | 78 | 20 |
| 927 |
Wales | 160 |
| 11 | 0 | 0 |
| 171 |
Northern Ireland | 39 |
| 2 6 | 4 | 0 |
| 69 |
Chancellor's Departments | 104 |
| 87 | 19 | 19 |
| 229 |
Cabinet Office | 155 |
| 159 | 42 | 6 |
| 362 |
Local authoritiese,f | 1,352 |
| 1,404 | 1,215 | 1,150 |
| 5,121 |
Total | 3,878 |
| 3,548 | 3,064 | 2,430 |
| 12,920 |
a Includes Forestry Commission
b Includes the private sector capital investment in Channel Tunnel Rail Link.
c In addition, substantial private investment is levered in through housing, urban regeneration and other programmes.
d Excludes private finance activity in education institutions classified to the private sector. Estimated total values for these are £80m in 2000/01 and £226m in 2001/02. Includes projects in Voluntary Aided schools only; Schools projects funded through
e Figures represent spending on projects supported by central government through Revenue Support Grant.
f PFI activity in Local Authority schools is included in the Local Authorities line.
Source: HM Treasury, FSBR 2001, HC 297, Table C16
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96 These figures were released prior to the reorganisation of Government Departments in June 2001.