#1
Leeds Holt Park Well-being Centre: £50m - One building costing £10m more than free swimming for under 16's and over 60's.
Birmingham Magistrates Court: £94m - This has got to be a wind-up.
I am staggered at the costs of these two projects and would have thought them both prime candidates for a PFI which would take them out of the public purse.
Well done to the new government for axing these two projects.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#2
private finance initiative is a non starter, it merely builds up a debt for future generations to pay for.
what on earth is a well being centre?
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#3
You are correct Howard - Brown used PFI to hide debt 'off balance' sheet Enron style. If he was a Finance Director of a PLC he would be in jail by now!