Mark Wadsworth

This is a spare 'blog in case my main 'blog at markwadsworth.blogspot.com isn't working

PFI Logic

From the BBC:

Public Accounts Committee member, Ian Swales, MP, said the large profits made raised serious questions about whether the deals to finance, build and maintain hospitals and schools under PFI were good value for money for the taxpayer in the first place.

“By definition, that means the taxpayer got a bad deal at the start, or there wouldn’t have been these super-profits to be made.”

Exactly.

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