Quote:
Originally Posted by richard1960
I do surely when the private sector run it they have to make a profit.
So the PFI deals were astronomical with profits built in.
As will deals be that sees private sector companies buy up chunks of the NHS free at the point of delivery or not profit is key.
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What you are not seeing is that the private sector can take a profit from the efficiencies they introduce whilst still saving money for the taxpayer.
The PFI debacle was a poorly thought out Labour initiative which did nothing to limit ongoing costs. It just shows the level of inexperience and business know-how in the Labour Party that resulted in this state of affairs.