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ref date:5 Aug 2001 (HEA)
Private finance initiative FAILING miserably to deliver

Nothing is for nothing in business. The PFI (private finance initiative) was meant to be a boost for public works in terms of schools, homes, hospitals etc, but all we see is lies, failure , soaring costs and defaults on contracts terms.

This right wing Tory ploicy supported by Blair is a massive flop and it is sucking money from Scotland and England.

The cost of building the first 14 private sector-financed NHS hospitals will be at least 1.3 billion - almost double the original 766m estimate - according to the GMB union.