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".