An Idiot's Guide to the PFI
By Paul Foot
Norman Lamont tinkered with it. John Major approved it. But the intellectual thrust for the idea of the Private Finance Initiative (PFI) came from David Willetts, the Tory frontbencher nicknamed 'Two Brains'.
This is the story of the PFI: how it became a jewel in the crown of New Labour, its savings, its costs, its pitfalls and windfalls, and how it changed the face of British accountancy and British politics.
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Comedy candidate fails to win… Shock as Boris Johnson breaks rule he set… Plan to make all retail goods cost more 'could stop shop thefts'… Delight as sale of Nursery Telegraph halted… Ryanair to fly to Rwanda – Michael O'Leary explains… Lines on the resignation of Humza Yousaf as First Minister of Scotland… God 'doesn't believe in Russell Brand'… Thames complains about Brand baptism… Richard Branson's culture fix, as told to Craig Brown.
Straight jabs
MD on Covid vaccine risks and compensation
Port whine
Freeports slammed by a Commons committee
Hastings battle
Southern Water's latest catastrophe
Read these stories and much more - only in the magazine. Subscribe here to get delivery direct to your home and never miss an issue!
Straight jabs
MD on Covid vaccine risks and compensation
Port whine
Freeports slammed by a Commons committee
Hastings battle
Southern Water's latest catastrophe
Read these stories and much more - only in the magazine. Subscribe here to get delivery direct to your home and never miss an issue!