The Scottish Futures Trust is a government-owned company, set up by the Scottish Government in September 2008, to improve public infrastructure investment in the hope of saving £100–£150 million each year when fully operational.[1] It is run by a Board of 5 non-executive directors who are appointed by Scottish Ministers.[2]
In December 2008, a few months after the Trust's creation, a committee of MSPs criticised the Trust, saying that it had yet to prove that it was a better alternative to private finance initiatives.[3] In 2009-10, the Scottish Future Trust saved the Scottish taxpayer £111 Million, which increased to savings of £129 Million in 2010–11.[4]
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