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PFI is only as good as the person agreeing the deal, if you have people who are rubbish at it and do not get a good deal but still sign up, then that's the problem, not that PFI existed in the first place It can come down to incentive to get the best value from a deal for the taxpayer and not...

Virtually all companies run with a large debt, it all comes down to how it is serviced. when a company fails to service that debt then if goes broke and often out of business unless taken over. New contracts won would have helped them to deal with their cash flow, and to keep working and...