Public finance indiscretionBMJ 2010; 341 doi: http://dx.doi.org/10.1136/bmj.c4295 (Published 10 August 2010) Cite this as: BMJ 2010;341:c4295
- Andrew N Bamji, consultant rheumatologist1
- 1Queen Mary’s Hospital, Sidcup, Kent DA14 6LT
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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