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Debate whether Private finance initiative should be outlawed for local councils

Submitted on Wednesday 18th October 2017

Published on Friday 27th October 2017

Current status: Closed

Closed: Friday 27th April 2018

Signatures: 54

Tagged with

NHS

Petition Action

Debate whether Private finance initiative should be outlawed for local councils

Petition Details

should there be a national debate whether Private finance initiative should be outlawed for local councils?
Prof Allyson Pollock, said “are consistently higher than public borrowing costs”.
Barts Health NHS Trust will pay £7 billion for a hospital which cost £1.1 billion

Additional Information

Barts Health rebuild cost £1.1 billion but, the final cost will be more than £7 billion with the Barts Health NHS Trust making payments until 2049.
PFI deals will cost taxpayers £209bn over next 35 years.


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