Salutary tales from public service markets have been escalating in number and seriousness lately. For three decades, government policy (throughout Labour, Coalition and Tory administrations) has been to view "old monopolies" in public services as a problem; with the solution being more "businesslike" providers competing. But from academies and grammar schools to foster care and electronic tagging, evidence is now coming thick and fast that outsourcing public services to "the market" offers no greater financial sustainability; no great savings to the taxpayer; no automatic improvements in quality or outcomes; and in too many cases creates new, and worse, problems of its own.
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