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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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Private Eye Issue 1552
In This Issue
Tokyo Olympics: Five to Watch... Nurseryland to be hit by new healthy eating tax… Billionaires compete in space race… How did these so-called fans get into the stadium?… SAGE Warns About Effects of Long Javid… Top Ten Ways to Avoid Being Caught by the ‘Pingdemic’… Jeremy Clarkson’s Watching Paint Dry, as told to Craig Brown

Bulldozer Season
Nooks & Corners on demolition attempts

Postcard from Port-au-Prince
The assassination of President Moïse

Pandemic Update
MD on Freedumb Day

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Private Eye Issue 1551
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