Globalise Resistance

Articles Tagged ‘PFI’

Billion pound bailout for PFI hospitals staring down the barrel

May 04, 2012

Seven NHS trusts are on the brink of bankruptcy due to their “sky-high” PFI commitments. The Department of Health has been forced to set up a bailout fund of £1.5 billion to ensure their survival.

Future Jilted Generations

Mar 26, 2012

PFI now costs each UK household £13,000 a year, according to a report by the Intergenerational Foundation. PFI debt now stands at £239 billion, nearly 25% of the entire national deficit.

PFI Privatisation

Empty Promises from the Prince of Darkness

Dec 16, 2011

“We have consistently voiced concerns about the misuse of PFI in the past and we have already taken steps to reduce costs and improve transparency.” G Osborne - liar.

Banks PFI Privatisation Tories

War on PFI Forum: Public Money Private Profit

Nov 28, 2011

As part of our War on PFI campaign we are holding a meeting to expose and take action against the profiteering of Public funds under the the Private Finance Initiative. All welcome.

Austerity PFI Privatisation

PFI: the worst of both worlds

Nov 25, 2011

Under PFI, big business has screwed the public sector, spawning a legacy of odious, off-the-books debt. Our national deficit would be around 25% greater if it was included by the Treasury

Austerity New Labour PFI Privatisation Tories

Introducing Scummy Leechy Company: Innisfree

Oct 30, 2011

In the UK, InnisFree is the largest private investor in healthcare, it owns 269 schools and £3 billion worth of MoD accommodation. It also has a Scottish Motorway, a Welsh Jail and part of Whitehall in its portfolio.

NHS PFI Privatisation

Palestine & PFI: worse than you might think

Oct 16, 2011

The tentacles of global private finance are slithering into one of the world’s most vulnerable communities and beginning to take a grip of its institutions.

palestine PFI Privatisation

Crossrail PFI: a crisis waiting to happen