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Private investment not appropriate for early intervention, warns Sir Paul Ennals

The government and children's sector should not court private investors to finance early intervention schemes, the outgoing chief executive of the National Children's Bureau (NCB) has warned.

Speaking at a reception to mark his departure after 13 years at the helm of NCB, Sir Paul Ennals said that while private finance could be used to support universal services, it was not appropriate to support services that measure outcomes over long periods of time.

"We need to learn the lessons from private finance initiative episodes of the past," Ennals said. "Ironically, bringing in private sector investment for services could actually work better in the universal services where you need short-term changes in outcome. They are the worst possible services to design around return on outcomes which will take many years to measure."

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