The history of Private Finance Initiative in the UK – a timeline

Click on the image for an interactive version of the timeline
Click on the image for an interactive version of the timeline

 

Who introduced the Private Finance Initiative in the UK? What was the first public facility to be built under this funding model?

All these questions, and many others, are answered in a timeline that will guide you through the 23-year-long history of PFI in the UK.

Click here or on the image above to access the full interactive timeline with videos of speeches and original documents.

Alternatively, you can find the content of the timeline below in written form.

Continue reading The history of Private Finance Initiative in the UK – a timeline

Liveblog: Follow us on an open top bus tour of East London’s PFI

The People vs PFI team on the campaign bus
East London’s Barts Health, the largest NHS Trust in the country, is facing a terrible crisis.

Crippled by an ever-growing deficit, now estimated at £93m, it was put into special measures last month following a damning CQC report.

Local campaigning group People vs Barts PFI blames the 40-year Private Finance Initiative contract the Trust has signed for the construction and maintenance of the Royal London Hospital in Whitechapel.

Aiming to raise awareness about the scale of the problem, today they are taking an open top bus round East London stopping by a series of PFI locations.

Click through this link or on the image to follow our live coverage:

 

PFI Liveblog

For more background on the crisis of Barts Health NHS Trust read our interview with local campaigners Helen Mercer and Mary Burnett:
https://pfeyeblog.wordpress.com/2015/02/25/people-vs-barts-health-pfi-campaigners-on-the-debt-crisis-crippling-the-east-london-trust/

Election promises: what are the politicians saying about PFI?

In the run-up to the election and with the release of the manifestos, let’s have a look at which parties are pledging PFI change, and which have been side-stepping the issue.

Conservative For the party who famously introduced PFI in their 1992 Autumn statement, the Conservatives have been rather quiet.

David Cameron, The Open University, Flickr
David Cameron, The Open University, Flickr

In David Cameron’s interview with Evan Davis on 15th April, the BBC Newsnight presenter pressed him on social issues such as profiteering property developers and PFI.

While David Cameron reportedly made all the right sounds, “totally offensive”, “infuriating”, “maddening,” he did not make any specific promises on PFI – a missed opportunity.

There are no grand plans to combat unruly PFI contracts in the Conservative manifestoIn terms of the NHS at least, Chancellor George Osborne is promising to put an extra £2bn into frontline health services across the UK.

Continue reading Election promises: what are the politicians saying about PFI?