The Centre for Health and the Public Interest (CHPI) has recently published a report on private finance initiatives (PFI). The report, intended for policy-makers, outlines five options for coping with PFI and its lasting effects, […]
Private finance initiative for elderly care in Northamtonshire: A good example of a bad PFI contract.
A recent BBC article has shed light on yet another failed PFI contract – this time, involving elderly care in Northamtonshire. Looking at the results of Northamptonshire’s Stabilisation Plan, the BBC report discussed how the 25-year contract […]
Despite widespread criticism of PFI, the SNP looks to the private sector for infrastructure investment
During a time of growing scepticism around private finance initiatives (PFI), Nicola Sturgeon has signalled that the Scottish National Party will be pursuing PFI as a new measure within Scotland’s upcoming programme for government, according […]
Our newsletter for February 2018 is focused on the fallout of PFI practices, including a special feature blog post by us which showcases research on the topic. Click here to read the newsletter.
Carillion’s collapse. Capita on the brink. The failure of the East Coast Rail franchise. A quarter of all additional funding allocated to schools in 2017 funnelled into profits for PFI firms. These are just four […]
A February 2018 study by the Centre for Health and the Public Interest has revealed that PFI firms will earn £4.8bn from schools by 2020, reports the Guardian. This diversion of taxpayer money to private […]
Our newsletter for January 2018 introduced the launch of our newly updated and improved Corporate Welfare Database, featured our blog on the East Coast Rail Bailout (which was featured in a Guardian report) and included […]
The Financial Times provides a detailed discussion of just what PFI is, why it is appealing to governments and just how much money the British public owes on existing contracts. Based on the recent National […]
The Guardian reports that UK taxpayers will be forced to give £200bn to contractors over 25 years because of private finance initiative (PFI) deals. According to a report by the National Audit Office (NAO), PFI […]