private finance

  • 7 Mar 2014

    Privatisation hurtles on in the UK, regardless of the damage. Even David Cameron and George Osborne acknowledge that we have been badly served by the Private Finance Initiative (PFI), under which companies build hospitals, schools and prisons, then lease them back to the state, locking taxpayers into decades long maintenance contracts. Clare Sambrook exposes the underside of the privatising business, looking at who profits, who loses, who benefits and who decides.

  • 8 Dec 2011

    The Autumn Statement reveals but one thing: the Chancellor and his advisers are both ill-advised and dangerously ill-prepared for the forthcoming prolonged Depression.