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THOUGHT LEADERSHIP & THINK PIECES



Note on the Treatment of Contingent Liabilities on HMG Balance Sheet and in the National Accounts
Author: Dr David Best
Publication Date: Sept 2025
This paper paper outlines the accounting policies and standards that govern the way Government regards contingent guarantees. It argues that providing contingent guarantees to Developers is a cost effective and managed risk approach to enabling large scale investment (i.e £10b) in UK infrastructure projects.
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