Browsing Tag
Jim Cuthbert
5 posts
Private finance schemes cost Scottish taxpayers £40bn, says spending watchdog
Private finance schemes by successive governments have left Scottish taxpayers footing a £40 billion bill to build schools, hospitals, roads and other projects worth £9 billion, according to Scotland’s spending watchdog.
Watchdogs should investigate secretive charity, says MSP
Calls for regulators to investigate secretive charity with links to Scottish private finance projects and £2.5m in the bank.
Secret private finance deals ‘give too much power to companies’
Private finance schemes are secretive, give too much power to companies outwith Scotland and may not deliver value for money.
New campaign to scrap Scotland’s private finance schemes
The Scottish Government is coming under pressure to find a new way to finance infrastructure investment as concerns rise over the cost of private finance schemes.
Revealed: the £932m cost of private finance projects
Private finance schemes are to be investigated by public spending watchdogs after they punched a £932m hole in the Scottish Government’s budget.