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How to end PFI

Corporate Watch's picture

Using the private finance initiative as a means of financing public services has resulted in blatant profiteering and has imposed unsustainable levels of debt on the public bodies these schemes were supposed to benefit.

The People vs Barts PFI campaign have been researching and discussing PFIs for several years and have released a paper containing a radical proposal for how to end PFIs. The paper proposes a mechanism for nationalising the 'Special Purpose Vehicles' at the centre of all PFI schemes. It also examines the proposal to centralise and reduce PFI obligations contained in Part 4 of the NHS Reinstatement Bill.

Click here to read the paper.

People vs Barts PFI is a campaigning NHS group which has been seeking to arouse public awareness of the profits being made, while Barts hospitals struggle.