Showing posts with label PFI. Show all posts
Showing posts with label PFI. Show all posts

Thursday, 30 March 2017

Your taxpayers' money, hard at work.

Spotted by Lola in The Telegraph:

Inflation is officially back, and by the end of this year is expected to hit 2.3pc, above the Bank of England’s 2pc target. In a world of rising prices, investors need exposure to assets that can keep pace.

Investing in infrastructure projects – such as motorways, schools or hospitals – that are inflation-linked is one way to protect the value of capital. These projects also produce a reliable income, with the trust currently yielding 5.1pc...

Andrew Charlesworth, manager of the £1.2bn John Laing Infrastructure trust, says that investors should not worry about buying at a premium, and explains how he made 36pc on a London hospital and his role in President Donald Trump’s plans.


The only way to make such super-profits is if the government overpaid in the first place; one man's super-profits is the flip side of shit value for the long suffering taxpayer.