The government withdrew its private finance initiative (PFI) funding for the project in February.
However, defenders of PFI said it provided new infrastructure which would otherwise be unaffordable.
It's right that from now on, ancillary services will not be automatically included in PFI contracts.
Now he is seen as an ultra-loyal model Blairite - pro-Europe, anti-drugs, pro-PFI for hospitals.
PFI, although the Treasury insists that they are no longer bound to do so.
And Mr Morgan reaffirmed his cautious approach to the private finance initiative (PFI) - which has dominated conference talk.
And he said the public would be paying the price of PFI for the next 30 years.
Similarly AMEC reported a 20% rise in first half profits also underpinned by the governments PFI programme.
An NHS spokeswoman said the trust was awaiting confirmation of additional government funding to meet PFI costs.
Mr Norman urged ministers "to encourage PFI providers to rebate some of their gains to the taxpayer".
Far too much cash is being under-spent or tied up in unwieldy long-term PFI (private finance initiative) contracts.
And he defended Jarvis's PFI construction projects for education and local authorities, saying "many have gone very well".
Unions and some politicians have said PFI is a waste of public money.
Sir John Major introduced PFI in 1992 to allow private companies to finance, build and run public sector projects.
The PFI gives pension funds an indirect way of investing in infrastructure, via the shares of the contracting companies.
The guarantees will all be "off balance sheet", like the investments carried out under the Private Finance Initiative (PFI).
Mr Balls replied that PFI was on the public balance sheet by 2008.
It seems many school designers and PFI developers failed to take account of heat from kids, computers and lights.
The RCN says other potential areas of savings should be looked at including procurement, drug waste and expensive PFI contracts.
However, economist Kevin Butler, a former adviser to the Bank of England, said it was not surprising PFI cost more.
The government announced PFI was to be reformed, with the taxpayer taking a share in projects and any profits.
Like most existing private jails, they are likely to be built and run through a Private Finance Initiative, or PFI.
But charges remain at car parks built under the private finance initiative (PFI) at three hospitals in Edinburgh, Glasgow and Dundee.
Your point about PFI's is very good, most of the new hospitals being built are smaller than the buildings they replace.
PFI, while delivering genuine value for money for prisons and roads, has delivered only marginal gains for new hospitals and schools.
But Dr Gill Markham, also of the CCSC, said nothing new would get built if it were not for the PFI.
Many indebted hospitals are carrying the extra burden of Private Finance Initiative (PFI) contracts for building and maintenance agreed years ago.
In opposition, Mr Osborne criticised the way that PFI had been used simply to keep big projects off the government's balance sheet.
PFI, he said, offered additional private money to finance more public investment.
Far from rowing back from its ambitions, it is planning to expand PFI to more infrastructure projects such as roads and bridges.
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