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

“Almost £24.4bn of government money went to private equity-run firms in year to April 2025, Guardian analysis shows”

Politicians and economists have raised concerns over the ‘financial fragility and sharp cost cutting’ created by private equity-backed firms. Composite: Prina Shah for the Guardian / Getty Images

https://www.theguardian.com/society/2026/jun/28/1-in-every-11-spent-uk-public-contractors-private-equity