3
Thin Profits in PFI 
KPMG survey shows 20% of PFI projects are unprofitable, 40% make 'less than expected', levels of profitability have risen since the last survey in 2005 25.04.07 Financial Times
Virtuous Circle From PFI to Pensions Bidding war between Henderson and Allianz forces up price of PFI leader John Laing Telegraph Pension funds are switching from gilts to PFI as a reasonably secure source of long term cashflow 10.11.06 Telegraph, Capital Markets, Pensions
PFI Profiteering MPs criticise Octagon, consortium including Barclays, Serco and 3i, for taking £116m profit from refinancing Norfolk & Norwich University Hospital Trust 03.05.06 Telegraph
PFI Profiteering MPs criticise Octagon, consortium including Barclays, Serco and 3i, for taking £116m profit from refinancing Norfolk & Norwich University Hospital Trust 03.05.06 Telegraph
PFI Budget Budget will herald major expansion of PFI, Brown determined to show he is new New Labour Guardian What has been pre-leaked 22.03.06 BBC, Budget 2006
PFI Trust Broke Managers at Queen Elizabeth hospital in Woolwich say trust is technically bankrupt, annual deficit will reach £100m without restructuring of PFI debt 16.12.05 Guardian
Education Market Charities and businesses are ready to move into 'education market' following govt plans for 'self governing independent state schools' no compulsion to change, religious schools likely only takers, local authority powers curtailed in form but 'greatly extended' in substance 26.10.05 Guardian, Telegraph, DFES Press Release, Charity, Education Law
Tube Lines PPP Transport for London boss Kiley says he wants to 'rebalance' PPP contract between TfL and Tube Lines, pushing to scrap PFI maintenance contract with Alsthom 18.10.05 Guardian
PFI Pensions Laing estimates existing PFI investment funds have amassed £20b to buy into projects, pension and other funds ready to raise further amounts 26.08.05 Telegraph, Pensions
Jarvis Shareholders have agreed to give up 95% of Jarvis to creditors in return for writing off £350m 05.08.05 BBC, Capital Markets
