PFI

  • Birmingham seeks £85m interim highways contractor

    22 August 2019

    Birmingham City Council’s highways PFI vehicle has launched a search for a subcontractor to operate and maintain the city’s roads for a 15-month period in a deal worth up to £85m.


  • Birmingham members reserve final say on Amey settlement

    23 May 2019

    The final details of a settlement between Birmingham City Council and highways contractor Amey will go before senior councillors next month.


  • Senior councillors meet to agree Amey terms

    21 May 2019

    Birmingham City Council’s cabinet is to decide on terms to end its fraught highways contract with Amey at a meeting tomorrow.


  • Amey facing £200m Birmingham divorce bill

    18 February 2019

    Amey may have to pay more than £200m to extricate itself from its troubled 25-year PFI contract with Birmingham City Council after years of legal difficulties, according to national newspaper reports.


  • Are reports of the death of PFI an exaggeration?

    23 January 2019

    Critics initially welcomed the announcement of the end of controversial PFI schemes. But central government and councils may continue to draw up contracts which use private finance-style mechanisms. Hiba Mahamadi asks what could lie ahead.


  • Tying the knot

    13 November 2018

    Trust and transparency are key to councils succeeding when contracting out services in a post-Carillion era, writes Bethanie Roughley


  • Councils withhold £32m from PFI providers

    01 November 2018

    Research has found that £32m was withheld from PFI providers over performance issues last year.


  • Balanced Budget as we live in hope for jam tomorrow

    30 October 2018

    It may have been billed as the Budget to end austerity, but the chancellor’s speech was not exactly jam today, says Heather Jameson. More like a thin spread of cheap margarine for now, with the hope of a good strawberry crop in the spring


  • Out goes PFI, leaving us with a £200bn headache

    30 October 2018

    Michael Burton highlights the quiet scrapping of the disgraced Private Finance Initiative as one of the chancellor's more unexpected Budget announcements - the Treasury Budget report simply commented that PFI was ‘inflexible and overly complex’.