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PFI schemes 'will cost NHS £50bn' PFI schemes 'will cost NHS £50bn'
(4 days later)
The NHS will pay private firms £50bn to build and maintain hospitals despite initial costs of just £8bn, official figures obtained by the Tories suggest.The NHS will pay private firms £50bn to build and maintain hospitals despite initial costs of just £8bn, official figures obtained by the Tories suggest.
Under Private Finance Initiatives (PFI) the NHS pays the building contractors over a 20 to 30-year period.Under Private Finance Initiatives (PFI) the NHS pays the building contractors over a 20 to 30-year period.
The Conservatives say the extra spending is completely unjustifiable.The Conservatives say the extra spending is completely unjustifiable.
The government said the comparison was misleading, as the total cost would include cleaning and maintenance of the buildings, not just building costs.The government said the comparison was misleading, as the total cost would include cleaning and maintenance of the buildings, not just building costs.