Despite government claims that their Private Finance Initiative programme is closely monitored, a study by a think-tank traditionally close to the Prime Minister has found that, out of 378 PFI projects completed by central and local government, only 23 had been given any independent evaluation by official audit bodies.
The Institute for Public Policy Research (IPPR) study also reveals that there is little evidence that this controversial policy is delivering benefits to hospitals and schools and not surprisingly for anyone with any experience of the public sector, found that decision-makers feel pressured into adopting PFI because they believe it is the only way to win government approval for their projects. Story
