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.
Top Scottish politicians quaffed champagne and dined on veal alongside property investors at a secret £5,000 VIP dinner in the south of France, The Ferret has learned.
Most of the Scottish Government's £8 billion private finance projects to build schools, hospitals and roads have links to offshore tax havens.
1491 affordable homes built in Scotland since 2012 are to be sold off within a decade of construction, prompting claims that the Scottish Government has 'revived the right-to-buy.'
Calls for regulators to investigate secretive charity with links to Scottish private finance projects and £2.5m in the bank.
Private finance schemes are secretive, give too much power to companies outwith Scotland and may not deliver value for money.
Five schools in Angus and three schools in Dundee had defects that were similar to those found in Edinburgh private finance schools after a wall collapsed.
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.
Private finance schemes are to be investigated by public spending watchdogs after they punched a £932m hole in the Scottish Government’s budget.