Private Finance Initiative = Institutionalised Theft – The People vs PFI campaign launched to end private profit at public expense

Private Finance Initiative (PFI) schemes were introduced to the UK under the John Major Government in the 1990s, with the first PFI project [Skye Bridge] field tested in Scotland. PFI was significantly expanded under Tony Blair’s New Labour Government who wanted a convenient way of funding public infrastructure “off balance sheet.” Rather than Central Government directly […]