FINANCE

Councils withhold £32m from PFI providers

Research has found that £32m was withheld from PFI providers over performance issues last year.

Research has found that £32m was withheld from Private Finance Initiative (PFI) providers over performance issues last year.

Almost half of the total - £14m - was held back by Birmingham City Council in a long-running dispute over a roads maintenance contract with Amey that led to the two sides going to court.

Martin Ford

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