TAXPAYERS in Lancashire might not be too pleased to hear that PFI projects in their county is costing BILLIONS of pounds more than what they were first valued at!
A whopping £2.5bn in payments must be found over 25 years for projects originally worth just £424.9m - and that's just county council projects covering a few schools and a waste management project! That does not include NHS and other agency PFI contracts.
And of those billions, £609m must be forked out in interest!
The Campaign for Better Politics thinks this is plain crazy and is yet another example of building public projects by the back door. Enough is enough!
PFI is killing this country and holding us further to ransom in tough economic times. It's time to campaign for it to be scrapped!
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