The long-term cost no one talks about..
Despite Tony Blair getting lots of windfall and other tax income New Labour also used PFI to fund new builds of hospitals and schools. As a result, the NHS spends a lot of money on these PFI loans and also the exorbitant maintenance costs they are tied into.
Although it will hit the deficit I think paying off these PFI's will actually save money in the long run.
Biting the hand that feeds IT
