The point of PFI was to massage borrowing figures, even working exceptionally well it would be far less efficient than the government simply borrowing the money for capital investment.
Fine. PFI. Introduced by John Major, shamefully continued by Tony Blair despite opposition from majority of the party, made even worse under David Cameron etc.
Didn't include above as the revolving door of MPs and company directorships wasn't as bad under labour and the point was that while the...
The joy of Tory party funding.
You bung them a few hundred grand, get a few billion in contracts paid for by public money, pay yourself and your mates tens of millions and then scarper, bankrupting individuals and small businesses (taxpayer burden), leaving pension fund empty (taxpayer burden)...