Interesting example of bias by omission here;
“HM Treasury is failing to monitor “excessive” profits from the selling-on of PFI (private finance initiative) equity, the BBC has been told. One industry analyst says its “inadequate” records do not reflect the billions of pounds made in the so-called secondary PFI market. Ian Swales, MP, said the large profits made raised serious questions about whether the deals to finance, build and maintain hospitals and schools under PFI were good value for money for the taxpayer in the first place. “By definition…the taxpayer got a bad deal at the start, or there wouldn’t have been these super-profits to be made” Ian Swales, MP Describing the profits as “excessive”, he said: “It’s a wealth machine. It’s not necessarily printing money, but it’s virtually that, given the scale of these profits.”