Private Finance Initiative
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29 Jun 22A London council has agreed a multi-million-pound settlement following a legal dispute over cladding fitted during refurbishments to a private finance initiative housing estate.
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16 Dec 21Up to 80% of private finance initiatives contracts set to expire by 2028 are not covered by a solid plan for the return to the public sector, according to government’s infrastructure body.
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11 May 21A government review of a hospital private finance initiative could lead to a termination of contract, according to rating’s agency Moody’s.
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20 Nov 17The government is using private sector financing for infrastructure even when deals offer poor value for money, a think-tank has stated.
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30 Aug 17Government money is “leaking out of the NHS” through profits made by private finance initiative companies, a think-tank has claimed.