A rare outbreak of unanimity on PFI

Summary:
I’m doing some work on privatisation and wanted to look at recent UK experience with the Private Finance Initiative. So, I Googled for PFI in the last year (as Google personalizes searches, your mileage may vary). The result is a surprising degree of unanimity. Across the political spectrum, there is agreement that * PFI is a disaster, enriching private firms at the expense of the public * The other side is (mostly) to blame Excluding some references to an Indian political group and some data sources, the top hits are, in order: PFI is bankrupting Britain (Guardian) Private firms poised to make another £1bn(Guardian) Hundreds of schools held hostage over PFI contracts (Telegraph) Costly legacy of Labour’s PFI shambles (Daily Mail) Tories accused of ‘double standards’ for promoting

Topics:
John Quiggin considers the following as important: economic policy

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