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After the Private Finance Initiative (and linked developments) driven forward by the Blair Govt. not only caused excessive costs to the NHS (detailed by the National Audit Office in 2018), but produced badly build hospitals, now erstwhile Blairite Matthew Taylor, (CEO NHS Confederation) is calling for PFI to be revived to help meet the backlog of maintenance & building in the NHS.
Sure, lest forget how it played out last time & just make the same mistakes again... madness!
#NHS
h/t FT
Surely you mean the Private Finance Initiative?
Indeed I do... will change right now, thanks for picking that up - appreciated
It also displays a total misunderstanding of the changes that have been made to #uk government fiscal rules. The trick of the #privatefinanceinitiative was to transform capital spending into current spending on the grounds that the latter would be less likely to be cut. However current rules insist on balancing current spending but allow borrowing for capital spending - so moving spending the other way would be perverse and entirely counter productive.
@ChrisMayLA6 I am friends with a local government lawyer (since retired). Whenever, socially, i enquired how pfi was panning out, he pulled a face. It was widely understood to be a crap way to do public procurement, in terms of value for money for the taxpayer, even as it was being enthusiastically pushed by the politicians. The bottom line is politicians have no knowledge of the building of [hospitals], & no interest in acquiring it, or in recruiting the necessary expertise to commission it.
yes, that would seem the only real conclusion based on the evidence