Miliband Banking Adviser's Former NHS PFI Project Goes Bust

Yesterday Labour published their policy review report making the case for a British Investment Bank. Ed told an audience at the Co-op bank that the UK’s financial services sector was “socially destructive“, throwing his weight behind Nicholas Tott’s suggestion of a state-run investment bank to help small businesses. That’s the same Nicholas Tott whose credentials include Bromley NHS’ Private Finance Initiative, a scheme with such astounding success that the trust has now effectively gone into administration. Good to know that Ed is listening to the right people on finance…

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