‘Financial pandemic’: £1 in every £11 spent on UK public contractors goes to private equity

The Guardian's analysis reveals that private equity firms received approximately one pound out of every eleven pounds the UK government spent on contractors during the year ending April twenty twenty-five—totaling around twenty-four point four billion pounds. These companies operate crucial services in transport, waste management, and healthcare. Economists and politicians warn, though, that the debt-heavy, profit-driven model creates financial fragility and aggressive cost-cutting that may undermine the quality of public services.

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