HEALTH MJ: PFI costs ‘damaging investment in NHS’, says think-ta
Safety hazards, sewage leaks and falling ceilings are major risks at hospitals after decades of under-investment and the legacy of the Private Finance Initiative (PFI) in hospitals, researchers said.
Birmingham seeks £85m interim highways contractor
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
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
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
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?
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
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
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
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
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’.