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11 Jun 21
Government at a local and national level needs to get to grips with the expiry of PFI contracts, says Public Accounts Committee chair Meg Hillier.
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8 Jun 21
As private finance initiative contracts start to expire, public bodies must ensure they inherit assets in good condition.
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19 Mar 21
The government needs to improve its support to local authorities to ensure that private finance initiative infrastructure returns to the public sector in a useable condition.
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10 Feb 21
Local authorities lack the expertise to manage the wind-down of private finance initiative deals as contracts begin to come to an end, a civil servant warned this week.
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5 Oct 20
Public sector organisations should look into how they plan to exit private finance initiatives or they could face disruption to services, says Ian Tasker.
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30 Jul 20
Tramlink, a Private Finance Initiative which runs Nottingham City Council’s tram network is losing £404,000 a week as a result of Covid-19, the authority has revealed.
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28 Jul 20
Ratings agency Standard and Poor’s has downgraded the credit rating of an NHS hospital Private Finance Initiative company after identifying “strained relationships” with its commissioning trust.
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16 Sep 19
Government outsourcing contract failures have wasted millions of pounds - but a blanket approach to switch to in house provision would be costly, a think-tank has warned.
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13 Sep 19
NHS trusts have an outstanding £55bn to pay over the next 30 years after locking in to “toxic” PFI contracts, analysis of government data has shown.
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19 Mar 19
Sharon Renouf and Virginia Cooper, partners at law firm Bevan Brittan, give some advice to local authorities with Interserve contracts on what to do now.
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31 Oct 18
Abolishing future private finance initiatives was more about grabbing headlines than actual change, a public services commentator has told PF.
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24 Sep 18
Labour will “reprogramme” the Treasury to transform public sector investment, the shadow chancellor has said.
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20 Jun 18
The government must be honest with the public about the true value for money of private finance initiatives, a group of MPs has urged today.
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21 Feb 18
Unison has called for private finance initiative companies to pay a ‘windfall’ tax to help pay for the UK’s public services.
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18 Jan 18
The revamped version of the private finance initiative – dubbed PF2 – has been little used and has few major differences from its predecessor, the National Audit Office has found.
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15 Jan 18
Carillion’s collapse shows public sector outsourcing is risky and limited. It’s time for a rethink and greater scrutiny and transparency, argue John Tizard and David Walker.
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23 Oct 17
The private finance initiative is deeply unpopular, blamed for delays and exorbitant costs. However, as Anthony Barej finds out, it could still have a future.
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26 Sep 17
Labour’s break with PFI is exciting and timely but unpicking deals is likely to be difficult and potentially expensive, argues John Tizard
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10 Feb 17
A wall collapse last year at an Edinburgh primary school built under the controversial Private Finance Initiative funding system was not the fault of PFI, an independent report has concluded.
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4 Aug 16
Many PFI contracts are trapped in their current terms out of fear of the costs of change and a desire not to show weakness to the other side. But this is not sustainable in the face of increasing...
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11 Apr 16
An estimated 9,000 pupils in Edinburgh are without lessons in the run-up to exams season after 17 schools, all built within the last 15 years under a controversial public private partnership funding...
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5 Jan 16
Enthusiasm for the outsourcing of public services is growing, despite the absence of reliable evidence about the implications for costs and quality
11 Jun 21Government at a local and national level needs to get to grips with the expiry of PFI contracts, says Public Accounts Committee chair Meg Hillier.
8 Jun 21As private finance initiative contracts start to expire, public bodies must ensure they inherit assets in good condition.
19 Mar 21The government needs to improve its support to local authorities to ensure that private finance initiative infrastructure returns to the public sector in a useable condition.
5 Oct 20Public sector organisations should look into how they plan to exit private finance initiatives or they could face disruption to services, says Ian Tasker.
30 Jul 20Tramlink, a Private Finance Initiative which runs Nottingham City Council’s tram network is losing £404,000 a week as a result of Covid-19, the authority has revealed.
28 Jul 20Ratings agency Standard and Poor’s has downgraded the credit rating of an NHS hospital Private Finance Initiative company after identifying “strained relationships” with its commissioning trust.
16 Sep 19Government outsourcing contract failures have wasted millions of pounds - but a blanket approach to switch to in house provision would be costly, a think-tank has warned.
13 Sep 19NHS trusts have an outstanding £55bn to pay over the next 30 years after locking in to “toxic” PFI contracts, analysis of government data has shown.
19 Mar 19Sharon Renouf and Virginia Cooper, partners at law firm Bevan Brittan, give some advice to local authorities with Interserve contracts on what to do now.
31 Oct 18Abolishing future private finance initiatives was more about grabbing headlines than actual change, a public services commentator has told PF.
24 Sep 18Labour will “reprogramme” the Treasury to transform public sector investment, the shadow chancellor has said.
20 Jun 18The government must be honest with the public about the true value for money of private finance initiatives, a group of MPs has urged today.
21 Feb 18Unison has called for private finance initiative companies to pay a ‘windfall’ tax to help pay for the UK’s public services.
18 Jan 18The revamped version of the private finance initiative – dubbed PF2 – has been little used and has few major differences from its predecessor, the National Audit Office has found.
15 Jan 18Carillion’s collapse shows public sector outsourcing is risky and limited. It’s time for a rethink and greater scrutiny and transparency, argue John Tizard and David Walker.
23 Oct 17The private finance initiative is deeply unpopular, blamed for delays and exorbitant costs. However, as Anthony Barej finds out, it could still have a future.
26 Sep 17Labour’s break with PFI is exciting and timely but unpicking deals is likely to be difficult and potentially expensive, argues John Tizard
10 Feb 17A wall collapse last year at an Edinburgh primary school built under the controversial Private Finance Initiative funding system was not the fault of PFI, an independent report has concluded.
4 Aug 16Many PFI contracts are trapped in their current terms out of fear of the costs of change and a desire not to show weakness to the other side. But this is not sustainable in the face of increasing...
5 Jan 16Enthusiasm for the outsourcing of public services is growing, despite the absence of reliable evidence about the implications for costs and quality
