The government promised to cut non-investment spending by 4.75%.
1 used to describe bonds, etc. with a high risk of not being paid back:
As for the non-investment in infrastructure and equipment, the great majority of governmental schools were located in old buildings that were set up in the 1950s and 1960s.
I do not think that managing investments and arranging deals in investments is a necessary part of a non-investment business or profession.
In our view advice which ought properly to be given as a consequence of non-investment business or professional advice is necessary.
Such a grant will not be given on advances used for non-investment purposes, for example to meet a deficit on current account.
But there is a danger that the words "value for money" will end up being used to justify non-investment in admittedly expensive but valuable programmes.
In the case of an industry with a non-investment cycle, it may be necessary to go beyond.
In such a measure it would not be right to cover non-investment aspects of insurance.
That is due to the non-investment in rail freight over many years through different genders of government.
