With billions set to be spent on Private Finance Initiative (PFI) contracts before major expirations in 2030, how can schools prepare for a smooth transition while safeguarding budgets and services? The UK is set projected to spend over ￡9bn this year on PFI contracts and a total of ￡48bn in the next five years. This level of spending will continue until we see the first peak in contracts contract expiration around 2030, when assets worth ￡14bn (based on their original capital value) will transfer back to public ownership. Find out more here: https://lnkd.in/eeDfF8QW #PFI #PrivateFinanceInitiative #SchoolBudgets #EducationFunding #PublicOwnership #UKSpending #PFIContracts
