PFI rebate needed

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Jesse Norman MP writing in the FT says:

[W]hat we need now is a new voluntary code promising a modest across-the-board rebate [on PFI costs]. PFI consortia have played their part in rebuilding Britain’s infrastructure. But they must play their part in rebuilding the nation’s finances too.

I think he understates the case for reform — but it’s a good idea.


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