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A new generation of PFI schemes...PFI 2..
coastline
Posts: 1,662 Forumite
To be announced today...
http://www.telegraph.co.uk/news/politics/9720404/PFI-reborn-with-pledge-that-this-time-the-taxpayer-wont-lose-out.html
Previously agreed deals of £229bn still in place...some to be renegotiated but the savings will only be £2.5bn..
http://www.telegraph.co.uk/news/politics/9720404/PFI-reborn-with-pledge-that-this-time-the-taxpayer-wont-lose-out.html
Previously agreed deals of £229bn still in place...some to be renegotiated but the savings will only be £2.5bn..
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Comments
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Just couldn't say no.
I liked this phrase at the bottom of the article about pension provisions.
Simon Walker, the director-general of the Institute of Directors, said: “If the Government wants people to put money aside, they should provide reassurance that you won’t have your money grabbed by a hungry Exchequer.”
Welcome to we all in it together."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
So no great savings to be made...1%....despite being told these contracts were badly negotiated.
More PFI again despite the fact we are told we are borrowing too much..0 -
Yup. Sounds like another disaster to stick in the oven and bake for 25 years.
Along with the increased student fees."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
It just leaves you wondering what plant politicians are on.
Or, more to the point, who's actualy pulling the strings.0 -
Graham_Devon wrote: »It just leaves you wondering what plant politicians are on.
Something that allows them to hallucinate I suspect.0 -
Always sceptical about PFI because the smart characters in the private sector are likely to run rings around the dorks in the civil service.No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0 -
The BBC is reporting that the Treasury will take stakes of up to 49%, ostensibly so that taxpayers share in any windfall profits.
The Torygraph doesn't seem to mention Osborne's Damascene conversion to public ownership."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
The BBC is reporting that the Treasury will take stakes of up to 49%, ostensibly so that taxpayers share in any windfall profits.
The Torygraph doesn't seem to mention Osborne's Damascene conversion to public ownership.
Hang on, it was Labour that got us into these ruinous PFI schemes -- yes, the same Labour that was supposed not to believe in privatisation of public services. Osborne & co are trying to get us out of it as far as possible, being pragmatic and non-dogmatic about the private vs public thing.No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0 -
Graham_Devon wrote: »It just leaves you wondering what plant politicians are on.
Or, more to the point, who's actualy pulling the strings.
Whoever it is it isn't the electorate at large to any considerable extent. We only loom large on their horizon for a few weeks leading up to a general election. The rest of the time it's a myriad of vested interests and special interest groups, orchestrated by the civil service, that calls the shots. All in all an almost complete failure of democracy, regardless of which party is in office.No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0
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