Special Reports
P.F. Eye
P.F. Eye

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.






ONLY IN THE MAGAZINE
Private Eye Issue 1632
In This Issue
Ten ants come out in defence of Labour MP landlord… Grenfell fire: how did the truth spread so slowly? … Boris Johnson on standards in public life… Feuding brothers in ticket nightmare… That Biasserson Report into BBC bias – conclusions in full… Music tells Trump: ‘Please stop using me!’… The columnist who understands what Donald Trump is saying… Exclusive to all newspapers: don’t over-hype hunky Jack like people did with gorgeous Emma… Lady Pamela Hicks: one’s rules for life, as told to Craig Brown

Cladding crowd
In-depth reaction to the Grenfell inquiry report

An Ilford wind
The rogue landlord who also happens to be an MP

Class action
The Telegraph’s very sane response to the private school VAT move

Read these stories and much more - only in the magazine. Subscribe here to get delivery direct to your home and never miss an issue!
ONLY £2.99
SUBSCRIBE HERE
NEXT ISSUE ON SALE
9th October 2024
WHY SUBSCRIBE?
Private Eye Issue 1631
ALSO AVAILABLE ONLINE