By Robert Watts

The size of the Government's controversial Private Finance Initiative scheme is expected to spiral from £53 billion to almost £80 billion in the next four years.

Treasury documents reveal that ministers have approved 200 new PFI deals worth £26 billion to start by 2010, and the amount involved in each has almost doubled.

The average size of each contract awarded for the next four years is £130 million, compared with £75 million...

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Posted by pichu at May 7, 2006 9:01 PM