In the Times today:
‘Opposition politicians have questioned the use of “efficient” contracts to finance new schools and hospitals, amid evidence they cost Scotland £224m last year — more than double the previous year.’
£224 million seems a lot to you and me, certainly to me, but how does it compare with the PFI schemes?
In the Guardian in December 2015:
‘Scotland’s PFI boom means £1.3bn a year bill is in the post. New roads, hospitals and public buildings are being built now, but latest Treasury data shows government repayments will peak in 10 years’ time.’
As usual, a little perspective helps.