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After Carillion Collapse, UK Government Sounds Death Knell for Public-Private Partnership Finance

November 1, 2018 3:02 pm

A “fraud on the people.” By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The UK government has finally called it quits on its much-abhorred Private Finance Initiative (PFI), which for over two decades allowed bankers and financial consultants to …

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Carillion highlights the many problems of credit crunch era pension financing

January 29, 2018 9:45 am

by Shaun Richards This morning’s news brings us back to a problem which has dogged the credit crunch era. The advent of first official interest-rate cuts and then central bank balance sheet expansion was designed to pull economic demand from …

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