Rory Stewart explains how privatisation goes wrong - News Summed Up

Rory Stewart explains how privatisation goes wrong


Their focus was on the significance of a PFI (Private Finance Initiative) contract in the whole shameful saga. And the idea was that you get the private sector to pay for some of the upfront costs, and then the government pays rent later. “The problem with this type of privatisation is that if the private sector company doesn't deliver, [for example] it doesn't supervise people on probation or it doesn't maintain prisons. “And what we found is the private sector would come in and it would massively underbid. If you think that’s all wrong, then sign our petition now and demand that Fujitsu be banned from all public sector contracts.


Source: The Times January 16, 2024 11:29 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */