Letters Private finance initiative

Public finance indiscretion

BMJ 2010; 341 doi: http://dx.doi.org/10.1136/bmj.c4295 (Published 10 August 2010) Cite this as: BMJ 2010;341:c4295
  1. Andrew N Bamji, consultant rheumatologist1
  1. 1Queen Mary’s Hospital, Sidcup, Kent DA14 6LT
  1. andrew.bamji{at}nhs.net

    Private finance initiative (PFI) hospitals are simply huge public sub prime mortgages. PFI perpetuates debt at exorbitant rates (interest is fixed at pre-credit crunch rates, I think), and in some cases the government is paying money to banks that it owns. Payments are for 30 years or longer. …

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