Sunday, 25 September 2011

The trust cost of PFI unravels

Staying with the NHS, the Health Secretary Andrew Lansley this week told The Telegraph that some NHS trusts are 'on the brink of collapse' because of of costly private finance initiative schemes.

I have always been a sceptic and an open critic of pfi schemes as under the PFI deals, a private contractor builds a hospital or school. It owns the building for up to 35 years, and during this period the public sector must pay interest and repay the cost of construction, as well as paying the contractor to maintain the building.

Hopefully this should be the final nail in the coffin for the pfi Shoebury Health Centre on the Garrison.

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