We're all to bame for PFI, even those who had no idea what it was, and those who didn't vote for Blair, Major, Brown, or Osborne.
www.taxresearch.org.uk/Blog/2018/01/18/after-fifteen-years-of-my-saying-pfi-does-not-work-the-nao-finally-agrees-why-has-it-taken-so-long/
The NAO at last agrees with Richard Murphy that PFI doesn't work.
Like Richard Murphy, I still want to know what they were doing in the meantime. They obviously thought it was a good idea until recently.
Hexham Hospital was built under PFI rules by a consortium including Bovis Lend Lease.
It has now bought itself out of the PFI by borrowing from Northumberland Council, and it will save itself over £67 million in costs.
So it can be done.
However, after that happened, there was a lot of consternation from other PFI trusts, who were scared of losing money. I don't think it's been done since.
Now's the time to start.
When a political leader lies on their CV - can you trust them?
Good Morning Monday 11th May 2026



