'a cynical distortion of public finance'

Those were Gordon Brown's words when he described the Private Finance Initiative (PFI) during the last years of the last Conservative government. For an excellent analysis of the way that Gordon Brown has used the PFI as a way of spending money and making future commitments whilst hiding the figures from the public you MUST read Fraser Nelson and Peter Hoskin's piece in the current issue of The Spectator. A shocking story and one that is not as well known as it should be. Although I knew many of the facts I was surprised to learn that Gordon Brown has even found a way to wriggle out of the new EU disclosure rules that are due to come into place next April. Read it and get angry, it's our financial future Gordon Brown has destroyed.