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PFI and PF2

A briefing on the rationale, costs and benefits of the Private Finance Initiative; the use of and impact of PFI, and ability to make savings from operational contracts; and the introduction of PF2. There are currently over 700 operational PFI and PF2 deals, with a capital value of around £60 billion and annual charges for these deals amounted to £10.3 billion in 2016-17. Even if no new deals are entered into, future charges which continue until the 2040s amount to £199 billion.

18 January 2018

18 Jan 2018
Bank of England

Contribution to Bank of England Review: Managing potential conflicts of interest

The primary purpose of this paper is to provide the Bank of England with information relating to the management of conflicts of interest and some of the approaches we have encountered in other organisations. This does not constitute guidance, but has been provided to assist the Bank when it conducts its own internal review

9 Aug 2017