Grace Blakely

Grace Blakely, a researcher on finance and public policy, delves into the Private Finance Initiative (PFI) and its detrimental impact on the UK public sector. She examines the PFI's intricate workings, highlighting its promotion as a solution that ultimately prioritized corporate profits over public welfare. Blakely highlights the catastrophic collapse of Carillion as a case study of financialised failure, urging a reevaluation of public ownership models. The discussion sheds light on the cultural implications of financialisation and the urgent need for systemic change in public spending.