Mark Williams, property and infrastructure lead at PA Consulting Group, discusses the private finance initiative financing model.
Mark says: "There are good PFI deals and bad ones, which stands to reason considering the number of contracts there have been."
He adds: “There will be a distribution of great deals and deals that aren’t so strong.”
Mark concludes: With government debt hovering close to £1.7trn, it has “no alternative” other than to rely in part on private finance. Is it just a question of whether that is through gilts or public private partnerships.