Successive British governments have used the Private Finance Initiative (PFI) since the early 90’s to fund infrastructure and public spending but the scheme has always been controversial. The public-private partnership was supposed to create efficiency in public spending although the reality has been very different.

Host Ross Ashcroft asks Allyson Pollock, Ian Fraser, Ann Pettifor, Dr Bob Gill and Laurie Macfarlane if PFI has been beneficial to the public or has it been, as the chairman of the Royal Bank of Scotland publicly claimed, “a fraud on the British people”?

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