The toxic legacy of the Private Finance Initiative
Go to any website on personal debt and the advice is “It can be tough to face up to your financial situation, but it’s an important first step.” Not so with politicians and PFI debt…
PFI
PFI
PFIs – lucrative and lethal
Remember Private Finance Initiatives? These 30-year lease-back deals to bring public money into private hands are now notorious as very bad value for money.
Hospital driven deep into debt
9 January 2017
The Princess Royal University Hospital in Bromley, south London has accumulated the largest hospital debt in the capital – a staggering £62.3 million.