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WHAT should a Labour government do about the private finance initiative (PFI), the privatisation scheme squeezing cash from schools and hospitals? Shadow chancellor John McDonnell says bring the deals back in-house, through nationalisation or negotiation.
But Walthamstow Labour MP Stella Creasy has an alternative plan — a windfall tax. Which is right?
PFI schemes ask private consortiums to build and run hospitals or schools charging the government the cost of running the building for 25-30 years.
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