My Centre for Cities article: Briefing Burnham: Public corporations and infrastructure investment | Centre for Cities
Burnham’s decision on the funding and financing of large-scale infrastructure and housing could transform the built environment across much of the country. He can listen to the bond market and move towards off-balance-sheet public corporation debt backed by future revenue streams. Or he can continue the current government’s failed approach prioritising subscale projects, increasing pressure on gilt issuance and weakening the public finances.
Milton Keynes under construction which used the self-funding mechanism of land value capture