An Idiot's Guide to the PFI
By Paul Foot
Norman Lamont tinkered with it. John Major approved it. But the intellectual thrust for the idea of the Private Finance Initiative (PFI) came from David Willetts, the Tory frontbencher nicknamed 'Two Brains'.
This is the story of the PFI: how it became a jewel in the crown of New Labour, its savings, its costs, its pitfalls and windfalls, and how it changed the face of British accountancy and British politics.
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Confused mob burns down Greggs… Farmer protests ruined by Mr Toad… Britain's most scenic sewerage treatment works revealed… Labour in assisted dialling turmoil… Ceasefire paves way for 'sustained period of war'… Conspiracy update: Jaguar advert special… Rich nations promise to pretend to pay £240bn… Anniversary of Christmas charity event marred by criticism… Jordan Peterson's Biblical A-Z, as told to Craig Brown
Missed penalty
The UK is failing to sanction Putin's looting machine
Lip service
Labour's NHS reform is in the hands of fans of outsourcing
Alli geed
The Telegraph's latest fact-free "news" blitz
Read these stories and much more - only in the magazine. Subscribe here to get delivery direct to your home and never miss an issue!
Missed penalty
The UK is failing to sanction Putin's looting machine
Lip service
Labour's NHS reform is in the hands of fans of outsourcing
Alli geed
The Telegraph's latest fact-free "news" blitz
Read these stories and much more - only in the magazine. Subscribe here to get delivery direct to your home and never miss an issue!
