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Stuart · 15-03-2016, 21:19

As I understand , PFI is fine (in theory). Note, I said "in theory"...

The problem is (according the past Private Eye print editions) that the Government often uses lax controls on the scheme, and the Treasury agreed to pay incredibly high interest rates on a lot of the schemes.

15-03-2016, 21:19	#196
Stuart - Join Date: Jun 2003 Location: Somewhere Services: Virgin for TV and Internet, BT for phone Posts: 26,546	Re: More cuts from failing Osborne As I understand , PFI is fine (in theory). Note, I said "in theory"... The problem is (according the past Private Eye print editions) that the Government often uses lax controls on the scheme, and the Treasury agreed to pay incredibly high interest rates on a lot of the schemes.