UK · 28 June 2026
£1 in £11 public money goes to private equity
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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