BBC News - Politics: PFI becomes less private

BBC News - Politics The latest stories from the Politics section of the BBC News web site.

PFI becomes less private Dec 3rd 2012, 23:02 The chancellor is changing the private finance initiative to make it more public and less private. In his Autumn Statement on Wednesday, George Osborne will announce that the public sector will take stakes of up to 49% in PFI projects and will appoint directors to PFI boards.

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