Homes for land deal reveals chink in PPP armour

The announcement comes from the Office of the Deputy Prime Minister, which is pushing a £22bn long-term investment plan to generate “sustainable communities”. Cash from the land sales will go into NHS coffers, while at least 5,000 of the planned new homes will be designated for “key workers”, deputy prime minister John Prescott says. No valuation of the deal has been published because the land has not yet been valued for market purposes, the ODPM adds. Suspending PPP in the health sector will likely raise alarm bells, however, as the government has so far steadfastly maintained it ...