Saturday, April 08, 2006

PFI Folly

In the course of an interesting article on pensions there is this by Simon Jenkins in the Guardian (5/4/06): "The accumulated liabilities of Brown's private finance initiative are now running at over £100bn, with a crippling cost to the health, education, prisons and transport budgets for decades. The Treasury spends more on Whitehall consultancy fees - a total indulgence - than on NHS dentistry".


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