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John Hutton intoduces Mutton dressed as Lamb

http://video.google.co.uk/videosearch?q=pf...emb=0&aq=f#

Oh now we are going to pay for it.

http://www.nowpublic.com/tech-biz/britains...ernment-bailout

And an exported reality video

http://video.google.co.uk/videosearch?q=pf...emb=0&aq=f#

This is all just insane.

Edited by Abstra

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John Hutton intoduces Mutton dressed as Lamb

http://video.google.co.uk/videosearch?q=pf...emb=0&aq=f#

Oh now we are going to pay for it.

http://www.nowpublic.com/tech-biz/britains...ernment-bailout

And an exported reality video

http://video.google.co.uk/videosearch?q=pf...emb=0&aq=f#

This is all just insane.

PFI was only ever a ruse to give the impression that the public sector was spending less than it actually was.

Great thread title by the way.

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I work for a company who as part of our business advise and act as consultants for banks and other funders getting involved in PFI.

I could tell some very interesting recent stories about sudden cold feet. Midway through build in some cases.

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Guest absolutezero
I work for a company who as part of our business advise and act as consultants for banks and other funders getting involved in PFI.

I could tell some very interesting recent stories about sudden cold feet. Midway through build in some cases.

Well?

Don't leave us hanging on....

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Well?

Don't leave us hanging on....

Well actually I couldnt tell you, I'd get fired. :)

But it is happening, right now, on more than one project.

recovereh!

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PFI was only ever a ruse to give the impression that the public sector was spending less than it actually was.

Agreed. I can't recall the exact figures, but I believe we have around £100bn of PFI, all of which the Treasury keep off the balance books, but they all have to be paid for at some point.

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Agreed. I can't recall the exact figures, but I believe we have around £100bn of PFI, all of which the Treasury keep off the balance books, but they all have to be paid for at some point.

I believe, and cant remember where i read it, but these as of this year are being put on the books - think its a eu thing.

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I believe, and cant remember where i read it, but these as of this year are being put on the books - think its a eu thing.

IMF : Hello Mr Brown

Brown: I'm outta here, time for a General Election

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Wasn't PPP something akin to sticking it all on plastic and burying the public's head in the sand. Well now the 0% deal has come to an end and it's time to start paying.

The thing I loved about PPP is the fact that the original financiers actually refinanced their finance and forgot to pass the reduced interest payments on to the public. Sharks in suits are feeding off the spoils of taxpayers' money and laughing all the way to their Swiss banks.

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Well actually I couldnt tell you, I'd get fired. :)

But it is happening, right now, on more than one project.

recovereh!

Hospitals?

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I was involved in PFI decisions some of the decisions made by complete Muppets on local council just beggered belief, as a Tax payer I was amazed that no questions as to how do we pay for this grandiose scheme seemed to be forthcoming.

It was Patently bad value.

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Well?

Don't leave us hanging on....

I saw on a program the other day something mentioned about PFI. How the company had started something, cost of finance went through the roof. Project now stopped, needs bailing out by government.

PFI, another great way for business to rob the taxpayer blind.

Yes.

I was involved in PFI decisions some of the decisions made by complete Muppets on local council just beggered belief, as a Tax payer I was amazed that no questions as to how do we pay for this grandiose scheme seemed to be forthcoming.

It was Patently bad value.

They had a programme on T.V. about what a scandal it was. Though the general populace seems to be ignorant about it.

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