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Old 10-09-2012, 09:39 AM #19
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Kizzy Kizzy is offline
Likes cars that go boom
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http://www.socialism.org.uk/socialism21/ch2.htm

''In the first six months of 2000 the pre-tax profits of Laing, the building firm, rose by 70%. The increase was largely due to its involvement in Private Finance Initiatives (PFI – the government’s favourite privatisation scheme). Serco, the facilities and contracting managing group, saw a 13% rise in its profits in the first six months of 2000. It openly explains that this is due to "the increasing shift by government to use private funding for public infrastructure". What this means is that ever increasing amounts of taxpayers' money are going into the bank accounts of private companies instead of into public services.''

Why is this name everywhere and yet nobody knows who they are....
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