Transport Minister Stephen Hammond said the Department for Transport remained committed to the use of private finance in transport projects "where it provides value for money and fits with our timetables for planned investment".
However the finance minister insisted that the government had increased spending in the health service and that they had committed additional support for social services.
For example, the the G2A2, an alliance of CEOs committed to addressing climate and environmental risks, will launch the Green Investment Report with precisely the goal of "unlocking finance for green growth".