Fund the NHS adequately

[bazjea 10]

pfi were introduced by the tories:roll:

QUOTE The Telegraph

 

"PFI deals were invented in 1992 by the Conservative government led by Sir John Major, but became widespread under Labour after 1997."

 

 

Both Conservatives and Labour are responsible.

Edited March 24, 2018 by bazjea

[truman 10]

pfi were introduced by the tories:roll:

 

And expanded enormously by Labour...

[bazjea 10]

And expanded enormously by Labour...

 

Have not noticed that the Conservatives are doing much to reduce PFI

Contracts though.

[truman 10]

Have not noticed that the Conservatives are doing much to reduce PFI

Contracts though.

 

Both as bad as each other........

[bazjea 10]

Both as bad as each other........

 

Couldn't agree more...

[catpus 10]

pfi were introduced by the tories:roll:

 

I think a little research is key when having a discussion and posting comments, don't you?

 

Who is to blame for PFI?

 

Private Finance Initiative (PFI) schemes were introduced to the UK under the John Major Government in the 1990s, with the first PFI project [skye Bridge] tested in Scotland.

 

Tony Blair’s New Labour Government significantly expanded PFI as a convenient way of funding public infrastructure “off balance sheet.”

 

Despite frequently calling for an end to "Labours flawed PFI program" whilst in opposition, in 2011 Chancellor George Osborne rebranded and continued the PFI gravy train under the "PFI 2" banner.

 

https://www.independent.co.uk/news/business/comment/we-are-all-paying-for-new-labours-toxic-pfi-legacy-10177032.html

 

---------- Post added 24-03-2018 at 15:56 ----------

 

Why can't we afford Staff for the NHS?

 

https://www.theguardian.com/society/201 ... -hospitals

Private firms poised to make another £1bn from building NHS hospitals

 

 

 

''Companies that have built NHS hospitals under the private finance initiative have made pre-tax profits of £831m over the past six years and are poised to make almost £1bn more over the next five years.''

 

Large sums that could have been used for patient care have instead gone into the pockets of a handful of PFI companies at a time when the health service is starved of funding, according to the Centre for Health and the Public Interest.

 

Its analysis, published on Wednesday, found that if the NHS had not been paying pre-tax profits on PFI schemes between 2010 and 2015 inclusive, the deficits in its hospitals would have been reduced by a quarter.

 

Expected payments to PFI companies in the form of pre-tax profits over the next five years constitute 22% of the extra cash the government has promised the NHS between 2016-17 and 2020-21, it says.

 

The centre’s co-chair, Colin Leys, said: “This money was designated by parliament to pay for patient care, not to pay dividends to a small number of investors.

 

Given the extreme austerity in the NHS where patients are being denied treatment and waiting times for operations are rising, the Government needs to take action to stop this leakage of taxpayer funds out of the NHS.”

 

''We can still afford to pay for universal healthcare – but only if we stop using NHS funds to prop up banks and equity investors''

Edited March 24, 2018 by catpus
addition

[ricgem2002 11]

I think a little research is key when having a discussion and posting comments, don't you?

 

Who is to blame for PFI?

 

Private Finance Initiative (PFI) schemes were introduced to the UK under the John Major Government in the 1990s, with the first PFI project [skye Bridge] tested in Scotland.

 

Tony Blair’s New Labour Government significantly expanded PFI as a convenient way of funding public infrastructure “off balance sheet.”

 

Despite frequently calling for an end to "Labours flawed PFI program" whilst in opposition, in 2011 Chancellor George Osborne rebranded and continued the PFI gravy train under the "PFI 2" banner.

 

https://www.independent.co.uk/news/business/comment/we-are-all-paying-for-new-labours-toxic-pfi-legacy-10177032.html

 

---------- Post added 24-03-2018 at 15:56 ----------

 

Why can't we afford Staff for the NHS?

 

https://www.theguardian.com/society/201 ... -hospitals

Private firms poised to make another £1bn from building NHS hospitals

 

 

 

''Companies that have built NHS hospitals under the private finance initiative have made pre-tax profits of £831m over the past six years and are poised to make almost £1bn more over the next five years.''

 

Large sums that could have been used for patient care have instead gone into the pockets of a handful of PFI companies at a time when the health service is starved of funding, according to the Centre for Health and the Public Interest.

 

Its analysis, published on Wednesday, found that if the NHS had not been paying pre-tax profits on PFI schemes between 2010 and 2015 inclusive, the deficits in its hospitals would have been reduced by a quarter.

 

Expected payments to PFI companies in the form of pre-tax profits over the next five years constitute 22% of the extra cash the government has promised the NHS between 2016-17 and 2020-21, it says.

 

The centre’s co-chair, Colin Leys, said: “This money was designated by parliament to pay for patient care, not to pay dividends to a small number of investors.

 

Given the extreme austerity in the NHS where patients are being denied treatment and waiting times for operations are rising, the Government needs to take action to stop this leakage of taxpayer funds out of the NHS.”

 

''We can still afford to pay for universal healthcare – but only if we stop using NHS funds to prop up banks and equity investors''

erm started by the tories

 

---------- Post added 24-03-2018 at 18:43 ----------

 

Both as bad as each other........

hm still started by the tories thou eh:roll:

[truman 10]

erm started by the tories

 

---------- Post added 24-03-2018 at 18:43 ----------

 

hm still started by the tories thou eh:roll:

 

And continued with gusto by Labour eh? They massively increased the amount of PFI projects.. why didn't they stop using them?

 

https://order-order.com/2017/09/25/84-of-pfi-projects-started-under-labour/

[Anna B 1,414]

I think a little research is key when having a discussion and posting comments, don't you?

 

Who is to blame for PFI?

 

Private Finance Initiative (PFI) schemes were introduced to the UK under the John Major Government in the 1990s, with the first PFI project [skye Bridge] tested in Scotland.

 

Tony Blair’s New Labour Government significantly expanded PFI as a convenient way of funding public infrastructure “off balance sheet.”

 

Despite frequently calling for an end to "Labours flawed PFI program" whilst in opposition, in 2011 Chancellor George Osborne rebranded and continued the PFI gravy train under the "PFI 2" banner.

 

https://www.independent.co.uk/news/business/comment/we-are-all-paying-for-new-labours-toxic-pfi-legacy-10177032.html

 

---------- Post added 24-03-2018 at 15:56 ----------

 

Why can't we afford Staff for the NHS?

 

https://www.theguardian.com/society/201 ... -hospitals

Private firms poised to make another £1bn from building NHS hospitals

 

 

 

''Companies that have built NHS hospitals under the private finance initiative have made pre-tax profits of £831m over the past six years and are poised to make almost £1bn more over the next five years.''

 

Large sums that could have been used for patient care have instead gone into the pockets of a handful of PFI companies at a time when the health service is starved of funding, according to the Centre for Health and the Public Interest.

 

Its analysis, published on Wednesday, found that if the NHS had not been paying pre-tax profits on PFI schemes between 2010 and 2015 inclusive, the deficits in its hospitals would have been reduced by a quarter.

 

Expected payments to PFI companies in the form of pre-tax profits over the next five years constitute 22% of the extra cash the government has promised the NHS between 2016-17 and 2020-21, it says.

 

The centre’s co-chair, Colin Leys, said: “This money was designated by parliament to pay for patient care, not to pay dividends to a small number of investors.

 

Given the extreme austerity in the NHS where patients are being denied treatment and waiting times for operations are rising, the Government needs to take action to stop this leakage of taxpayer funds out of the NHS.”

 

''We can still afford to pay for universal healthcare – but only if we stop using NHS funds to prop up banks and equity investors''

 

Excellent post.

 

I strongly suspect deals of this nature are also behind the extremely high cost of Residential / Care homes.

[ricgem2002 11]

And continued with gusto by Labour eh? They massively increased the amount of PFI projects.. why didn't they stop using them?

 

https://order-order.com/2017/09/25/84-of-pfi-projects-started-under-labour/

started by the tories thou eh and continued by labour and still continued by the tories eh

[truman 10]

started by the tories thou eh and continued by labour and still continued by the tories eh

 

"We often credit (or blame) John Major with coming up with the idea of using PFI to fund new hospitals, schools, roads and defence equipment in the 1990s. However, Labour local authorities employed similar devices in the 1980s, when Ken Livingstone and McDonnell were leading the Greater London Council and I was leader in Islington. The Thatcher government had cut local authority budgets and introduced rate-capping, and we responded by raising private finance to keep our housing capital programmes going, in a series of complicated deals that were then described as “creative accounting”. We borrowed money against our assets, only paid out interest on the loans in the short term, and left it to future generations to pay the debt back over time."

 

https://www.theguardian.com/commentisfree/2017/sep/26/private-finance-initiative-pfi-labour-rip-off-ideology

 

[ricgem2002 11]

"We often credit (or blame) John Major with coming up with the idea of using PFI to fund new hospitals, schools, roads and defence equipment in the 1990s. However, Labour local authorities employed similar devices in the 1980s, when Ken Livingstone and McDonnell were leading the Greater London Council and I was leader in Islington. The Thatcher government had cut local authority budgets and introduced rate-capping, and we responded by raising private finance to keep our housing capital programmes going, in a series of complicated deals that were then described as “creative accounting”. We borrowed money against our assets, only paid out interest on the loans in the short term, and left it to future generations to pay the debt back over time."

 

https://www.theguardian.com/commentisfree/2017/sep/26/private-finance-initiative-pfi-labour-rip-off-ideology

 

again my bold