Plummeting bonds reflect souring UK mood for outsourcing and privatisation
Consider two examples of what Dan Davies calls unaccountability sinks. One is a privatised water utility and the other is a French-based provider of IT services to the public sector. Like many companies, Thames Water and Atos reaped returns for investors in the years when the UK political consensus favoured privatisation and outsourcing of public sector services.| Risky Finance
