nhs: paying for pfi — for ever?
WORKERS, SEPT 2004 ISSUE
Stewards from UNISON at Bromley Hospitals NHS Trust recently asked for clarification of the private finance initiative costs for the forthcoming new PFI hospital. The private consortium will be paid £2.7 million every month for the first 30 years from public funds, which equates to £32.4 million per annum or £972 million over 30 years.
But the contract is for 60 years and the trust could not or would not provide figures for the second 30-year contract term. No modern-built hospital is going to last 30, let alone 60 years, yet our grandchildren will be paying the debts.