Huge windfall for hospital's PFI investors as staff face job cuts
The impact of the Private Finance Initiative (PFI) in the National Health Service will be questioned today in a highly critical report from parliament's spending watchdog...
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Doorstep lenders told to cut interest rates
People who use doorstep lending firms have been overcharged by £500m over the last five years, according to the Competition Commission which yesterday warned lender...
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Taxpayer misses out on up to £90m in PFI windfalls
Treasury plans to make more than £200m for the taxpayer from windfall gains over the refinancing of private finance initiative (PFI) schemes from roads to hospitals...
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Labour loans - why should we pay?
I made a serious mistake in 1993. As a lifelong Labour supporter, and caught up with the prevalent concern that Labour could never win again, I suspended a promise to mys...
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Private firms get ?73m windfall in hospital deal
Banks and property developers made windfall profits of £73m by refinancing one of the Labour government's first privately financed hospitals, the 989-bed Norfolk and...
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FSA brokers ?194m split caps indemnity
The Financial Services Authority has brokered a £194m compensation fund for 40,000 investors who lost money in split capital trusts.
While dropping its investigati...
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ICI rises above crude crisis
ICI, the speciality chemicals maker, made an unexpected appearance on the FTSE 100 leaderboard yesterday after one of its two brokers put the stock back on its "buy" list...
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Leeds turn to fans for ?10m
Leeds United's new board is to turn to the club's supporters in an attempt to raise more than £10m of fresh capital to help refinance the ailing club.
In the first...
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Strategic gamble which saw a mogul meet his Waterloo
It is a fair assumption that for Lord Black of Crossharbour, chairman of Hollinger, the newspaper empire stretching from the Chicago Sun-Times to the Jerusalem Post, the ...
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Director quits with Spurs short of ?20m
Concern about the financial position of Tottenham Hotspur escalated yesterday after the sudden departure of the the Premiership club's finance director, Paul Viner, only ...
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