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neil @neil

Taxpayers to foot £200bn bill for PFI contracts.

"After 25 years of PFI, there is still little evidence that it delivers enough benefit to offset the additional costs of borrowing money privately"

"An analysis of costs for building one group of schools “found costs are around 40% higher than the costs of a project financed by government borrowing,” auditors said."

@neil what leaves me speechless is that it took a whole study to prove the obvious fact that involving a for-profit entity in ANYTHING will make the cost go up...