A new report by the National Audit Office (NAO) has slammed PFI yet again, as evidence against the scheme continues to mount.
Despite criticising PFI in opposition and describing the scheme as “discredited”, chancellor George Osborne is due to sign off 40 of these projects this year.
Obtaining information about PFI is both difficult and time consuming despite the coalition’s mission to become the “most open and accessible government in the world”.
An inquiry into the future of the PFI by The Treasury Select Committee is underway. Calls for evidence began on the 8th of March and will continue until April the 28th.
Here’s a short film from Reel News covering the events of Saturday 26 March - the huge demo and the direct actions that followed.
Parts of the ‘progressive’ media are hammering home distinction between ‘good’ protesters and ‘bad’, and - a recent development this - between ‘good’ direct actions and ‘bad’.
PFI under New Labour became more about neoliberal dogma than efficiency or any benefit to the public. PFI projects cost much more than conventionally funded projects
Classical economics holds that the private sector is more productive and efficient than government because of competition. But this is simply false. And there are aspects of PFI that completely disprove this assumption.