Is PFI real value for money?

The government's flagship policy for public investment, the Private Finance Initiative, has always relied on big loans from banks.

How has the credit crunch hit PFI schemes?

But now, as lenders demand far more for their money, Michael Robinson investigates disturbing increases in the cost of building our schools, hospitals and roads.

In today's economic climate, does PFI represent value for money for hard-pressed taxpayers?

Find out more at 2000 BST, Radio 4 on Tuesday 23 June 2009, repeated 1700 on Sunday 28 June.