Snapshot of the figures and facts behind PFI

The world of PFI can be quite data-heavy, with figures thrown about by politicians and activists alike.

In the spirit of simplicity, we’ve created a visual chart with some of the key figures behind PFI.

Click on the image or this link to view the complete infographic.

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We mainly got these facts from Drop NHS Debt and government figures. Here is the list of other sources:

FT: The hospital which bought out its PFI contract.
New Statesman: Trusts will make repayments of £2bn in 2015
The Independent: Barts NHS Trust in £93m debt.
The Guardian: up to 300 new PFI schools under Michael Gove

Myatts Field North residents reveal dismal state of new PFI homes

The Myatts Field North estate in Lambeth, South London, before the regeneration process started in May 2012.
The Myatts Field North estate in Lambeth, South London, before the regeneration process started in May 2012. Photo by: Michael Keane / Flickr

Myatts Field North was meant to be one of London’s success stories as far as regeneration projects go. “An outdated housing estate” riddled with crime would be remodeled into a “more open, greener and welcoming environment”, Lambeth council put it in 2012.

The old blocks would be demolished to make way for 808 new residential units, while a further 172 existing houses would be refurbished to a modern standard.

All thanks to a £150m Private Finance Initiative (PFI) contract the Lambeth council had entered with a private consortium led by Regenter.

Two years into the construction programme, however, a rather different picture is emerging. Continue reading Myatts Field North residents reveal dismal state of new PFI homes