KPMG drawn into Welsh PFI review

KPMG is being consulted on a government review of private finance initiatives in Wales, following concerns that country is 'closed for business' when it comes to public-private funding.

The Welsh assembly finance committee is to take evidence from the Big Four firm as part of a review of the state of PFI following the assembly government's decision not to use such schemes to fund health projects.

Funding for PFI in Wales is just £205 per person, whereas in Scotland the figure is £1000, according to figures seen by BBC Wales.

The assembly ruled out PFI funding for health, claiming that it had not proved value for money.

Further reading:

NAO PFI report unveils £180m of waste

Treasury to act on PFI project ruling