Member

It goes on to make quite significant claims about this. For example, it suggests that the partnership with Crown Estates could support the leveraging of £30 billion to £60 billion of private investment. I very much hope it can achieve that kind of leverage. Elsewhere, I recall claims that every £1 of public investment should generate an additional £3 of private investment. It is really important that this impact is measured, just as it has to be for the National Wealth Fund. If it is not measured, I fear that we will measuring success simply on the amount of money spent, which is not a measure of success. Anyone can spend money, and anyone can spend money badly.