6/23/2025

Wirral Council’s net debt has risen by £233m in six months due in part to spending on Public Finance Initiatives (PFI).

1/23/2025

Payments to private companies for public assets have exceeded construction costs by over three times, research into PFI contracts has revealed.

11/25/2024

Many London boroughs are not prepared for the expiry of their private finance initiative (PFI) contracts, report finds.

12/6/2023

Birmingham CC has received a document setting out ministers’ reasons for pulling funding from its £2.7bn highways PFI contract but has refused to disclose it.

11/15/2022

Andrew Hirst warns the process and complexity for returning PFI contracts back to local authorities is being ‘vastly underestimated’.

3/19/2021

Vital public assets such as roads, schools and hospitals will face 'serious disruption' if Private Finance Initiative (PFI) contracts expire without a plan in place, MPs have warned today.

11/17/2020

Northamptonshire County Council is taking over the management of four care homes nine years earlier than planned after it negotiated a change to a long-running PFI contract.

7/10/2020

Islington Council is set to bring the management of homes back in-house once its current Private Finance Initiative (PFI) contract comes to an end.

6/5/2020

Infrastructure could return to the public sector in an 'unsatisfactory condition' when PFI contracts come to an end, the public spending watchdog has warned today.

11/29/2019

Camden Council has launched legal action against a group of contractors over ‘multiple fire safety failings’ that led to the evacuation of the Chalcots Estate two years ago.

2/19/2019

Amey could be set to pay more than £200m to extricate itself from its troubled 25-year PFI contract with Birmingham after years of legal difficulties, according to reports.

10/4/2018

Former leader of Northamptonshire County Council has admitted mistakes were made in a PFI deal which has meant up to £2m a year being paid for empty care beds.

9/27/2018

The building of the New Royal Liverpool Hospital, whose future was in question after the collapse of Carillion, is to restart, the Government has announced.

7/2/2018

Councils withheld £32m last year from underperforming PFI providers, according to new research published today.

6/20/2018

A damning report has warned the Government is unable to prove that Private Finance Initiative (PFI) contracts offer value for money for the taxpayer.

6/18/2018

Anne Stafford explains why the outcomes of PFI projects have failed to keep pace with expectations.

6/13/2018

Amey Birmingham Highways Ltd has been ordered to pay Birmingham CC £50m in compensation in a long running dispute over a highways PFI, according to reports.

4/11/2018

Rather than abandoning all public-private partnerships in the wake of Carillion's collapse, Richard Tinham urges councils to explore other partnership models.

4/9/2018

The body responsible for building and maintaining 17 schools in Edinburgh has been criticised by the council for failing to carry out repair work.

3/12/2018

Up to 17,500 trees could be replaced in Sheffield City Council’s highways maintenance contract, newly released information has revealed.

2/1/2018

The Carillion debacle: more procurement expertise required

1/22/2018

A think tank has called for an end to the Government's 'love-in' with outsourcing and Public Finance Initiatives.

9/26/2017

A public service union has welcomed Labour’s promise to end the use of public finance initiative (PFI) contracts while bringing existing PFI contracts back in-house.

5/24/2017

Following the closure of 17 schools in Edinburgh built under the Private Finance Initiative, how safe are other PFI buildings? Laura Sharman explores.

2/15/2017

Hundreds of public buildings constructed since 2000 could be unsafe so need urgent safety checks, architects have warned.

4/12/2016

Councils should stop subcontracting out routine work on housing and properties and ensure work is being done by in-house staff, said a trade union following the closure of ‘unsafe’ schools in Edinburgh.

4/11/2016

The City of Edinburgh Council has been forced to close 17 schools after the body responsible for managing them was unable to guarantee they were safe to use.

2/15/2016

Blackpool Council has renegotiated its street lighting and traffic signals contract in a move that will save £157,000 a year.

7/7/2015

Mark Dennison outlines what local authorities should consider when looking to refinance their Private Finance Initiative debts.

2/25/2015

Local authorities spend almost £1bn a year on street furniture and lighting, according to new research.

9/17/2014

The funding agreements for ‘lax’ PFI waste projects have been criticised in a report from the spending watchdog.

2/17/2014

Just over a year ago, the Government's revamped PFI model – PF2 – was born. But what progress has been made over the last year?

12/18/2013

The £100m regeneration plans for Brunswick have been signed by Manchester City Council, announcing S4B as the chosen consortium to deliver the plans.

11/25/2013

A £80m Private Finance Initiative (PFI) has been agreed for Woking Borough Council to deliver a mixed-tenure housing development.