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Group: Members
Posts: 6,056
Joined: 14-May 09
From: Bouvetøya
Member No.: 51
QUOTE (Gumbo @ Jul 9 2009, 12:16 PM)
That makes perfect sense
It goes like this,
You build a hospital for £75 million. Cost on books of hospital building programme for that financial year £75 million.
or you fund the hospital on a 25 year PFI scheme paying the PFI contractor £25 million a year. Cost on books of hospital building programme for that financial year £25 million. So you announce massive savings with out a cut in services. Or announce due to wizzo policies you are building 3 new hospitals with no increase in spending.