Profit
Public Private Partnerships: A formula for excess profits and failure
Author / Creator: Jim Cuthbert
Media type: Policy Paper
Date published: April 2018
PFI is well known to be a very problematic concept. They involve extremely high rates of return for investors, but an unacceptable rate of failure in other schemes. These characteristics are inherent in the way PFI/PPP has been set up.
Investment in Scotland: A Common Weal Approach
Author / Creator: Iain Cairns
Media type: Policy Paper
Date published: Septtember 2014
The UK’s growth has declined every decade since the deregulation and privatisation began in the 1980s. Private finance provides poor value for money. The financial system in the UK is not capable of delivering the kinds of economic and social outcomes people have a right to demand. Investment is what the UK lacks, not money.