Posts tagged with ‘ Private Finance Initiative ’

Financing efficiency

Adrian Brown posted an excellent and thought-provoking piece earlier this week on government’s inability to price, distribute and understand risk in its efforts to improve public services. In it, he cited this week’s SMF paper on risks to the viability of the Work Programme, and the Treasury Committee’s recent report on the poor value...

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Risky business

, 22 August 2011

Today, the Social Market Foundation (SMF) published a damning report on the government’s flagship Work Programme. Last week, the Treasury Select Committee was similarly scathing about the use of Private Finance Initiative (PFI) contracts to pay for public infrastructure. The connection between the two is government’s apparent inability to successfully measure, price and share...

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