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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Peter Mandelson tells Emma Barnett…

“I think that Jeremy Corbyn himself should search his conscience and ask himself whether he’s the best person to lead the Labour Party into the general election with the best chance of success for the party.”

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