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It is a way of funding public infrastructure
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The Spider's Web: Britain's Second Empire

It is a way of fundingpublic infrastructure, things like hospitals,schools, roads and...

It is a way of funding
public infrastructure, things like hospitals,
schools, roads and bridges, but financing them via the private sector, rather than the historical method, which is via central government

Full Transcript

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It is a way of funding public infrastructure,
00:00:04.284 --> 00:00:08.797
things like hospitals, schools, roads and bridges,
00:00:08.797 --> 00:00:11.244
but financing them via the private sector,
00:00:11.244 --> 00:00:12.608
rather than the historical method,
00:00:12.608 --> 00:00:14.708
which is via central government.
Duration
16 seconds
Views
16
Timestamp in Movie
01:10:22
Uploaded
Oct 30, 2025
Genres
documentary
Production
N/A

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Movie Summary

How Britain transformed from an imperial power to a financial power.
Over a period of 30 or 40 years, - The Spider's Web: Britain's Second Empire 00:12
Over a period of 30 or 40 years,
So it's basically a giant accounting scam. - The Spider's Web: Britain's Second Empire 00:06
So it's basically a giant accounting scam.
Once the PFI policy has been set up, - The Spider's Web: Britain's Second Empire 00:23
Once the PFI policy has been set up,
- Effectively saying, "Come to us, and we will show you how - The Spider's Web: Britain's Second Empire 00:11
- Effectively saying, "Come to us, and we will show you...
- Even the offices - The Spider's Web: Britain's Second Empire 00:08
- Even the offices
HMRC, which is the tax collector here in the UK, - The Spider's Web: Britain's Second Empire 00:14
HMRC, which is the tax collector here in the UK,
- [Narrator] The company that owns the PFI contract - The Spider's Web: Britain's Second Empire 00:11
- [Narrator] The company that owns the PFI contract
Because the interest was so high, - The Spider's Web: Britain's Second Empire 00:07
Because the interest was so high,
In 2011, HMRC could not prove - The Spider's Web: Britain's Second Empire 00:10
In 2011, HMRC could not prove
- I think we need to have a serious conversation - The Spider's Web: Britain's Second Empire 00:16
- I think we need to have a serious conversation
The reason we were protesting - The Spider's Web: Britain's Second Empire 00:15
The reason we were protesting
We know that these products are not being marketed - The Spider's Web: Britain's Second Empire 00:07
We know that these products are not being marketed
The only motivation is to spread the reach - The Spider's Web: Britain's Second Empire 00:07
The only motivation is to spread the reach
And it's all being promoted in the interests - The Spider's Web: Britain's Second Empire 00:06
And it's all being promoted in the interests
What you're seeing is basically - The Spider's Web: Britain's Second Empire 00:06
What you're seeing is basically
You've had initially occupation and resource extraction. - The Spider's Web: Britain's Second Empire 00:07
You've had initially occupation and resource extraction...
And through that process, countries like Britain, - The Spider's Web: Britain's Second Empire 00:15
And through that process, countries like Britain,
- [Narrator] The City of London - The Spider's Web: Britain's Second Empire 00:07
- [Narrator] The City of London
As Britain's empire declined, the city transformed itself - The Spider's Web: Britain's Second Empire 00:13
As Britain's empire declined, the city transformed itse...
Former insignificant outposts of empire became the basis - The Spider's Web: Britain's Second Empire 00:15
Former insignificant outposts of empire became the basis