[Health Secretary] Andrew Lansley says he has been contacted by 22 health service trusts which claim their "clinical and financial stability" is being undermined by the costs of the contracts, which the Labour government used extensively to fund public sector projects.Well done, Labour, and well done, Gordon, you shower of epically incompetent cunts. It worked well as an idea to help you spunk money into things so you got nice headlines along the lines of 'Government announces new £X million hospital for Anytown' while also being a way for you to be less than open about the full scale of the debts you were running up in the country's name. But it was a bad deal and I struggle to believe you didn't know it, because if the papers can work it out surely someone in the Treasury spotted it as well.
Under the PFI deals, a private contractor builds a hospital or school. It owns the building for up to 35 years, and during this period the public sector must pay interest and repay the cost of construction, as well as paying the contractor to maintain the building.
However, the total cost of the deals is often far more than the value of the assets. As a result, Mr Lansley says, the 22 trusts "cannot afford" to pay for their schemes, which in total are worth more than £5.4billion, because the required payments have risen sharply in the wake of the recession.
Earlier in the year, The Daily Telegraph disclosed the extremely poor value offered by many PFI schemes. Taxpayers are having to pay more than £200billion for schools, hospitals and other projects whose capital value is little more than £50 billion.And this leaves the Cobbleition with having to find ways to make payments. They don't want to make cuts, which is just as well since contrary to popular belief among the hard of thinking they haven't made any, and I get the feeling they don't have a clue how to. My bet is they'll borrow because the mandarins who run things don't know any other way and today's politicians don't have the balls to stop it or the vision to privatise or charity-ise (if there's such a word) almost everything the British state does and let the whole fucking lot stand or fall on its individual merits. Christ, they're barely getting to grips with trimming some of Labour's fat.
It also emerged last night that the Coalition was expected to announce it is abandoning Labour's calamitous £12billion NHS computer scheme. Ministers will dismantle the National Programme for IT, a "one size fits all" project started in 2002 which has never worked, and relace it with regional schemes.You've been in office for 16 fucking months, you feckless cunts. Is this all you've got to show for almost a fucking year and a half's work? You've worked out that scrapping one of Labour's hare-brained, over priced vanity projects - one that should have been killed before that fucking Labour drone and, judging by the fresh-from-a-come look he sometimes wore, possible rohypnol victim Andy Burnham had even left the fucking building - will save you a few quid.
Well, that's a relief. I thought for a moment Britain might have been in trouble.