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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Hot Tees
Accounting and security concerns from Teesside
Socially awkward
Social care and more with MD
Eloon Musk
In-depth coverage of Elon Musk's latest moves
Read these stories and much more - only in the magazine. Subscribe here to get delivery direct to your home and never miss an issue!
