Get the app →
BriefTea logoBriefTea

Every story in sixty words

UK · 28 June 2026

£1 in £11 public money goes to private equity

£1 in £11 public money goes to private equity

Public money for key services is increasingly reaching investment-owned companies, according to new analysis. A Guardian investigation found about £24.4bn of government contract spending in the year to April 2025 went to businesses controlled by private equity firms, covering areas including healthcare, transport, education and local council services. That equals 8.8% of all contract spending.

Reported by Guardian · How we write briefs

More briefs

WorldTurkey, Saudi Arabia and Pakistan to discuss new mutual protection deal on Monday WorldIran's unseen supreme leader urges Gulf countries to fight a shared enemy BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers GeneralNigel Farage's £5m donor has major stakes in arms industry PoliticsTreasury officials advise John Healey to tax banks and oil companies more HealthCorrecting hearing loss can cut dementia risk by almost half Browse all stories →