For all the concern approximately PFI,the truth is that we will always need a mix of state and marketWhat do Oxfam, Carillion and the East Coast mainline acquire in common? The acknowledge is that we all own them, and we run them,or at least we pay for them to be run. They are agents of government, subcontractors, and proxy servants of the state. The government has responsibility for the money they spend and picks up the pieces when they fail. They form a grey,soggy, unaccountable no man’s land somewhere between government and private sector. No one knows what to do with them. Related: Transport committee to launch inquiry into InterCity East Coast Continue reading...
Source: guardian.co.uk