Securicor and the private finance initiative

The government spends millions of pounds of public money on providing services to meet the needs of the public each year. Public sector markets involve spending by national and local governments across a range of services such as defence, education, public order, housing and health care. The priorities of each government are affected by the political climate of the time and influence the buying process. In recent years, greater emphasis upon ‘accountability’ and ‘value for money’ has led to the Private Finance Initiative (PFI), launched…