The Guardian view on the private finance initiative: replace this failed model | Editorial

Forty years of increasingly dogmatic approaches to the financing of public services have led to the collapse of Carillion and a damning National Audit Office reportLong ago, in a political galaxy far away, privatisation and outsourcing in public services were not always dogmas but instead acts that could involve a degree of pragmatism and some balancing of interests. After the postwar Attlee government and before Margaret Thatcher’s long reign in British politics, decisions about the relat