We bear a duty to implement the democratic will of our party and remove the toxic burden of the private finance initiative from our NHSThe final Labour government’s investment in the NHS and in new hospitals was welcome – but too much of it was carried out under private finance initiative (PFI) schemes,which is like buying your house on a credit card. Even though the party was elected on a landslide in 1997, ministers were too petrified to make the argument for conventional borrowing, or instead fell for the city’s con trick. New Labour was cowed by the press,and duped by the money men. Related: Labour has duty to resolve 'mess' of hospital PFI deals, says Jeremy Corbyn Continue reading...
Source: theguardian.com