October 17, 2025 at 8:02 AM
UK public debt £2.8trn, 96% of GDP.
It includes about $700bn of quantitative easing. Is it debt? By excluding QE, debt is 70%-75% of GDP.
Post-war reconstruction based on debt, 270% of GDP.
Govt can borrow more to invest.
Govt borrowing cheaper than PFI.
Why won't the govt borrow?
It includes about $700bn of quantitative easing. Is it debt? By excluding QE, debt is 70%-75% of GDP.
Post-war reconstruction based on debt, 270% of GDP.
Govt can borrow more to invest.
Govt borrowing cheaper than PFI.
Why won't the govt borrow?
Here’s how Rachel Reeves’ Spring Statement must offer hope
'The government needs to recalibrate policies'
leftfootforward.org
March 14, 2025 at 4:20 PM
UK public debt £2.8trn, 96% of GDP.
It includes about $700bn of quantitative easing. Is it debt? By excluding QE, debt is 70%-75% of GDP.
Post-war reconstruction based on debt, 270% of GDP.
Govt can borrow more to invest.
Govt borrowing cheaper than PFI.
Why won't the govt borrow?
It includes about $700bn of quantitative easing. Is it debt? By excluding QE, debt is 70%-75% of GDP.
Post-war reconstruction based on debt, 270% of GDP.
Govt can borrow more to invest.
Govt borrowing cheaper than PFI.
Why won't the govt borrow?
Hedge fund chief says UK stuck in ‘debt doom loop’.
Silence about corporate debt, abuses, tax dodges; impact of PFI, privatisations on public debt.
Post-war UK reconstructed with debt of 270% of GDP; rich taxed more, led to boom, debt eventually down to 22%.
We need to be saved from neoliberalism
Silence about corporate debt, abuses, tax dodges; impact of PFI, privatisations on public debt.
Post-war UK reconstructed with debt of 270% of GDP; rich taxed more, led to boom, debt eventually down to 22%.
We need to be saved from neoliberalism
UK is stuck in a ‘debt doom loop’, says top investor
Hedge fund chief Ray Dalio warns over public finances, saying Britain will be forced into spending cuts and tax rises
www.theguardian.com
July 28, 2025 at 10:36 AM
Hedge fund chief says UK stuck in ‘debt doom loop’.
Silence about corporate debt, abuses, tax dodges; impact of PFI, privatisations on public debt.
Post-war UK reconstructed with debt of 270% of GDP; rich taxed more, led to boom, debt eventually down to 22%.
We need to be saved from neoliberalism
Silence about corporate debt, abuses, tax dodges; impact of PFI, privatisations on public debt.
Post-war UK reconstructed with debt of 270% of GDP; rich taxed more, led to boom, debt eventually down to 22%.
We need to be saved from neoliberalism
Rachel Reeves has been urged by 40 Labour MPs to drop plans to fund NHS buildings with private finance initiatives (PFI) that would saddle the health service with debt
www.theguardian.com/politics/202...
www.theguardian.com/politics/202...
Labour MPs urge Reeves to drop private finance plans for NHS buildings
Chancellor told PFI-style schemes familiar from New Labour era are ‘fiscal illusion’ offering no value for money
www.theguardian.com
November 21, 2025 at 11:13 AM
Rachel Reeves has been urged by 40 Labour MPs to drop plans to fund NHS buildings with private finance initiatives (PFI) that would saddle the health service with debt
www.theguardian.com/politics/202...
www.theguardian.com/politics/202...
💷Our new research shows that in the last 5 years, NHS trusts spent billions through PFI contracts.
💔 Every pound spent on PFI debt is a pound not spent on patient care.
Public money should fund care - not corporate profits.
everydoctor.org.uk/nhs-trusts-t...
💔 Every pound spent on PFI debt is a pound not spent on patient care.
Public money should fund care - not corporate profits.
everydoctor.org.uk/nhs-trusts-t...
October 16, 2025 at 4:53 PM
💷Our new research shows that in the last 5 years, NHS trusts spent billions through PFI contracts.
💔 Every pound spent on PFI debt is a pound not spent on patient care.
Public money should fund care - not corporate profits.
everydoctor.org.uk/nhs-trusts-t...
💔 Every pound spent on PFI debt is a pound not spent on patient care.
Public money should fund care - not corporate profits.
everydoctor.org.uk/nhs-trusts-t...
A reminder: "PFI debt for the British taxpayer is more than £300bn for infrastructure projects, with a value of £54.7bn. To put it into perspective, the PFI debt is four times the size of the budget deficit used to justify austerity"
www.independent.co.uk/news/long_re...
www.independent.co.uk/news/long_re...
The great PFI heist: How big banks launched the takeover of UK plc
PFI debt for the British taxpayer is more than £300bn for infrastructure projects, with a value of £54.7bn. To put it into perspective, the PFI debt is four times the size of the budget deficit used t...
www.independent.co.uk
January 6, 2025 at 10:30 AM
A reminder: "PFI debt for the British taxpayer is more than £300bn for infrastructure projects, with a value of £54.7bn. To put it into perspective, the PFI debt is four times the size of the budget deficit used to justify austerity"
www.independent.co.uk/news/long_re...
www.independent.co.uk/news/long_re...
Gifts from neoliberalism.
7.1m England hospital appointments awaited.
Water company rip-off
Costly energy
Expensive dentistry
Loss of social housing
Social care privatised
Real average wage unchanged since 2008
Potholed roads
Bank bailouts
PFI
£292bn student debt
Yet govts want more neoliberalism.
7.1m England hospital appointments awaited.
Water company rip-off
Costly energy
Expensive dentistry
Loss of social housing
Social care privatised
Real average wage unchanged since 2008
Potholed roads
Bank bailouts
PFI
£292bn student debt
Yet govts want more neoliberalism.
June 28, 2026 at 8:21 AM
Gifts from neoliberalism.
7.1m England hospital appointments awaited.
Water company rip-off
Costly energy
Expensive dentistry
Loss of social housing
Social care privatised
Real average wage unchanged since 2008
Potholed roads
Bank bailouts
PFI
£292bn student debt
Yet govts want more neoliberalism.
7.1m England hospital appointments awaited.
Water company rip-off
Costly energy
Expensive dentistry
Loss of social housing
Social care privatised
Real average wage unchanged since 2008
Potholed roads
Bank bailouts
PFI
£292bn student debt
Yet govts want more neoliberalism.
Privatisation of the NHS.
Govt asks private finance investors about backing 200 neighbourhood health centres.
PFI is a disaster. Guarantees corporate profits. £1 investment, £6 repayment. Higher taxes, bigger govt debt, poor value for money.
Cheaper for govt to build. Nothing learnt from the past
Govt asks private finance investors about backing 200 neighbourhood health centres.
PFI is a disaster. Guarantees corporate profits. £1 investment, £6 repayment. Higher taxes, bigger govt debt, poor value for money.
Cheaper for govt to build. Nothing learnt from the past
Health department sounds out private investors to fund NHS centres in England
Move could transform how care is delivered but threatens to reignite fierce debate over contentious PFI model
www.ft.com
September 11, 2025 at 7:32 AM
Privatisation of the NHS.
Govt asks private finance investors about backing 200 neighbourhood health centres.
PFI is a disaster. Guarantees corporate profits. £1 investment, £6 repayment. Higher taxes, bigger govt debt, poor value for money.
Cheaper for govt to build. Nothing learnt from the past
Govt asks private finance investors about backing 200 neighbourhood health centres.
PFI is a disaster. Guarantees corporate profits. £1 investment, £6 repayment. Higher taxes, bigger govt debt, poor value for money.
Cheaper for govt to build. Nothing learnt from the past
🏥 Hospitals built with PFI were found to be 70% more expensive than public builds.
Private partnerships were costly and ineffective last time — saddling the NHS with decades of debt.
So why bring them back… and who really benefits? 👀
Read more 👇
everydoctor.org.uk/talking-poin...
Private partnerships were costly and ineffective last time — saddling the NHS with decades of debt.
So why bring them back… and who really benefits? 👀
Read more 👇
everydoctor.org.uk/talking-poin...
December 20, 2025 at 8:48 AM
🏥 Hospitals built with PFI were found to be 70% more expensive than public builds.
Private partnerships were costly and ineffective last time — saddling the NHS with decades of debt.
So why bring them back… and who really benefits? 👀
Read more 👇
everydoctor.org.uk/talking-poin...
Private partnerships were costly and ineffective last time — saddling the NHS with decades of debt.
So why bring them back… and who really benefits? 👀
Read more 👇
everydoctor.org.uk/talking-poin...
💷 In the last 5 years, NHS trusts spent £3.1bn through PFI contracts:£1.2bn in debt + £1.8bn in interest.
That £1.8bn could fund 50,000 new doctors’ starting salaries, or cover £2.7bn in urgent NHS repairs.
💔 Every pound spent on PFI debt is a pound not spent on NHS, staff or patients.
That £1.8bn could fund 50,000 new doctors’ starting salaries, or cover £2.7bn in urgent NHS repairs.
💔 Every pound spent on PFI debt is a pound not spent on NHS, staff or patients.
November 27, 2025 at 12:57 PM
💷 In the last 5 years, NHS trusts spent £3.1bn through PFI contracts:£1.2bn in debt + £1.8bn in interest.
That £1.8bn could fund 50,000 new doctors’ starting salaries, or cover £2.7bn in urgent NHS repairs.
💔 Every pound spent on PFI debt is a pound not spent on NHS, staff or patients.
That £1.8bn could fund 50,000 new doctors’ starting salaries, or cover £2.7bn in urgent NHS repairs.
💔 Every pound spent on PFI debt is a pound not spent on NHS, staff or patients.
Dear Keir Starmer,
Quick question - these 150 national infrastructure projects you mentioned this morning. Will they be a copy of the PFI projects, involving private companies and saddling the public with billions in debt?🚨
Quick question - these 150 national infrastructure projects you mentioned this morning. Will they be a copy of the PFI projects, involving private companies and saddling the public with billions in debt?🚨
December 5, 2024 at 2:48 PM
Dear Keir Starmer,
Quick question - these 150 national infrastructure projects you mentioned this morning. Will they be a copy of the PFI projects, involving private companies and saddling the public with billions in debt?🚨
Quick question - these 150 national infrastructure projects you mentioned this morning. Will they be a copy of the PFI projects, involving private companies and saddling the public with billions in debt?🚨
Private Finance Initiatives (PFI) is one of the biggest cons created by Tories, expanded by Labour.
For every £1 of private investment in public assets govt repays £6, resulting in higher debt/taxes.
Cheaper for govt to borrow or it can create money
But govt is reviving PFI. Must change policy.
For every £1 of private investment in public assets govt repays £6, resulting in higher debt/taxes.
Cheaper for govt to borrow or it can create money
But govt is reviving PFI. Must change policy.
Why the reshuffle alone won’t change the government’s fortunes
"For better electoral fortunes, the government needs to junk neoliberal policies, never-ending austerity; directly invest in infrastructure and redistribute income and wealth."
leftfootforward.org
September 18, 2025 at 10:30 AM
Private Finance Initiatives (PFI) is one of the biggest cons created by Tories, expanded by Labour.
For every £1 of private investment in public assets govt repays £6, resulting in higher debt/taxes.
Cheaper for govt to borrow or it can create money
But govt is reviving PFI. Must change policy.
For every £1 of private investment in public assets govt repays £6, resulting in higher debt/taxes.
Cheaper for govt to borrow or it can create money
But govt is reviving PFI. Must change policy.
💷 PFI buried the NHS in billions of debt 💸
Now it’s being rebranded + repackaged as a “new solution.”
But let’s not be fooled — a bad deal with a new name is still a bad deal.
Help us uncover the truth about PFI 👇
bit.ly/NHSandBudget
Now it’s being rebranded + repackaged as a “new solution.”
But let’s not be fooled — a bad deal with a new name is still a bad deal.
Help us uncover the truth about PFI 👇
bit.ly/NHSandBudget
November 16, 2025 at 7:37 PM
💷 PFI buried the NHS in billions of debt 💸
Now it’s being rebranded + repackaged as a “new solution.”
But let’s not be fooled — a bad deal with a new name is still a bad deal.
Help us uncover the truth about PFI 👇
bit.ly/NHSandBudget
Now it’s being rebranded + repackaged as a “new solution.”
But let’s not be fooled — a bad deal with a new name is still a bad deal.
Help us uncover the truth about PFI 👇
bit.ly/NHSandBudget
It’s easy to lose sight of what billions in PFI debt actually cost.
But behind every figure is a nurse working double shifts, a ward left understaffed, a patient waiting longer.
💬 Billions in interest. Staff under pressure. That’s PFI.
👉 Read more: everydoctor.org.uk/nhs-trusts-t...
But behind every figure is a nurse working double shifts, a ward left understaffed, a patient waiting longer.
💬 Billions in interest. Staff under pressure. That’s PFI.
👉 Read more: everydoctor.org.uk/nhs-trusts-t...
November 8, 2025 at 11:45 AM
It’s easy to lose sight of what billions in PFI debt actually cost.
But behind every figure is a nurse working double shifts, a ward left understaffed, a patient waiting longer.
💬 Billions in interest. Staff under pressure. That’s PFI.
👉 Read more: everydoctor.org.uk/nhs-trusts-t...
But behind every figure is a nurse working double shifts, a ward left understaffed, a patient waiting longer.
💬 Billions in interest. Staff under pressure. That’s PFI.
👉 Read more: everydoctor.org.uk/nhs-trusts-t...
'Evil' private finance has been a disaster for our public services. ❌
Some #NHS trusts spend more on PFI debt than on actual medicines. ¯
@Bellribeiroaddy says no new PFI in our NHS at #Lab25 conference.
Agree? Email your MP today👇
September 29, 2025 at 8:52 AM
'Evil' private finance has been a disaster for our public services. ❌
Some #NHS trusts spend more on PFI debt than on actual medicines. ¯
@Bellribeiroaddy says no new PFI in our NHS at #Lab25 conference.
Agree? Email your MP today👇
After 25 years of dept
Scottish council becomes first to clear PFI debt after Labour 'mismanagement'
AN SNP-run council has become the first in Scotland to fully pay off its PFI debt 25 years after a previous Labour administration took…
www.thenational.scot
September 11, 2025 at 2:54 PM
After 25 years of dept
Labour's #GortonandDenton candidate Angeliki Stogia wants more PFI hospitals - she said so herself. 👇
PFI loaded the NHS with debt last time, meaning our public money got siphoned into the pockets of investment bankers.
She wants PFI in schools, the NHS, housing and transport 🥀
PFI loaded the NHS with debt last time, meaning our public money got siphoned into the pockets of investment bankers.
She wants PFI in schools, the NHS, housing and transport 🥀
February 7, 2026 at 11:02 AM
Labour's #GortonandDenton candidate Angeliki Stogia wants more PFI hospitals - she said so herself. 👇
PFI loaded the NHS with debt last time, meaning our public money got siphoned into the pockets of investment bankers.
She wants PFI in schools, the NHS, housing and transport 🥀
PFI loaded the NHS with debt last time, meaning our public money got siphoned into the pockets of investment bankers.
She wants PFI in schools, the NHS, housing and transport 🥀
PFI deals crippled hospitals with debt during the Blair years - now Rachel Reeves could bring back these NHS ‘payday loans’
www.mirror.co.uk/news/politic...
www.mirror.co.uk/news/politic...
Labour MPs confronted over NHS private finance ‘betrayal’
Private finance initiative (PFI) deals crippled hospitals with debt during the Blair years - now Rachel Reeves could bring back these NHS ‘payday loans’
www.mirror.co.uk
September 29, 2025 at 2:17 PM
PFI deals crippled hospitals with debt during the Blair years - now Rachel Reeves could bring back these NHS ‘payday loans’
www.mirror.co.uk/news/politic...
www.mirror.co.uk/news/politic...
Rachel Reeves needs to save money - how about
💰renegotiating wasteful old PFI contracts
💰NOT introducing new ones
Right now
🏥Hospitals are paid for up to 27x over
🏥NHS trusts spend more on PFI debt than on medicines
Sign now, deadline Tuesday 👇👇👇
weownit.org.uk/act-now/no-n...
💰renegotiating wasteful old PFI contracts
💰NOT introducing new ones
Right now
🏥Hospitals are paid for up to 27x over
🏥NHS trusts spend more on PFI debt than on medicines
Sign now, deadline Tuesday 👇👇👇
weownit.org.uk/act-now/no-n...
Petition: No new PFI in Neighbourhood Health Services
Wes Streeting: do not use a “Public Private Partnership” to finance Neighbourhood Health Centres
weownit.org.uk
November 14, 2025 at 8:41 AM
Rachel Reeves needs to save money - how about
💰renegotiating wasteful old PFI contracts
💰NOT introducing new ones
Right now
🏥Hospitals are paid for up to 27x over
🏥NHS trusts spend more on PFI debt than on medicines
Sign now, deadline Tuesday 👇👇👇
weownit.org.uk/act-now/no-n...
💰renegotiating wasteful old PFI contracts
💰NOT introducing new ones
Right now
🏥Hospitals are paid for up to 27x over
🏥NHS trusts spend more on PFI debt than on medicines
Sign now, deadline Tuesday 👇👇👇
weownit.org.uk/act-now/no-n...
💸 PFI left the NHS billions in debt and hospitals paying for decades.
Now lobbyists want it back but we can’t rebuild the NHS by selling it off again.
We need to learn from past mistakes and put patients and staff first.
👉 everydoctor.org.uk/reports/reve...
Now lobbyists want it back but we can’t rebuild the NHS by selling it off again.
We need to learn from past mistakes and put patients and staff first.
👉 everydoctor.org.uk/reports/reve...
January 2, 2026 at 8:02 AM
💸 PFI left the NHS billions in debt and hospitals paying for decades.
Now lobbyists want it back but we can’t rebuild the NHS by selling it off again.
We need to learn from past mistakes and put patients and staff first.
👉 everydoctor.org.uk/reports/reve...
Now lobbyists want it back but we can’t rebuild the NHS by selling it off again.
We need to learn from past mistakes and put patients and staff first.
👉 everydoctor.org.uk/reports/reve...
Argh!! Is this a recommendation for some new version of Private Finance Initiatives for the NHS from the NHS Confederation? 🚨🚨🚨England won’t pay off the current PFI debt until 2050….
www.nhsconfed.org/publications...
www.nhsconfed.org/publications...
February 13, 2025 at 11:58 AM
Argh!! Is this a recommendation for some new version of Private Finance Initiatives for the NHS from the NHS Confederation? 🚨🚨🚨England won’t pay off the current PFI debt until 2050….
www.nhsconfed.org/publications...
www.nhsconfed.org/publications...
🚨BREAKING🚨
Private finance has been a disaster for our #NHS 🤬
Trusts still owe more than £40 billion on PFI contracts, with some hospitals spending more on PFI debt than on medicines. 🤯
Tell Wes Steeting - no new PFI in our NHS. Sign up below👇
Private finance has been a disaster for our #NHS 🤬
Trusts still owe more than £40 billion on PFI contracts, with some hospitals spending more on PFI debt than on medicines. 🤯
Tell Wes Steeting - no new PFI in our NHS. Sign up below👇
September 8, 2025 at 10:34 AM
🚨BREAKING🚨
Private finance has been a disaster for our #NHS 🤬
Trusts still owe more than £40 billion on PFI contracts, with some hospitals spending more on PFI debt than on medicines. 🤯
Tell Wes Steeting - no new PFI in our NHS. Sign up below👇
Private finance has been a disaster for our #NHS 🤬
Trusts still owe more than £40 billion on PFI contracts, with some hospitals spending more on PFI debt than on medicines. 🤯
Tell Wes Steeting - no new PFI in our NHS. Sign up below👇
Gotdon Brown told Scots independence would cost us all £2k per year. Staying in the UK is actually costing us many thousands more. www.independent.co.uk/news/long_re...
The great PFI heist: How big banks launched the takeover of UK plc
PFI debt for the British taxpayer is more than £300bn for infrastructure projects, with a value of £54.7bn. To put it into perspective, the PFI debt is four times the size of the budget deficit used t...
www.independent.co.uk
January 6, 2025 at 11:01 AM
Gotdon Brown told Scots independence would cost us all £2k per year. Staying in the UK is actually costing us many thousands more. www.independent.co.uk/news/long_re...
We oppose PFI for more than the billions in debt it leaves behind.
Inflexible, poor-value maintenance contracts siphon money from patient care and lock trusts into bad deals.
The NHS — its staff & patients — deserve better.
Explore our PFI work via the link in our profile 💙
Inflexible, poor-value maintenance contracts siphon money from patient care and lock trusts into bad deals.
The NHS — its staff & patients — deserve better.
Explore our PFI work via the link in our profile 💙
January 9, 2026 at 5:08 PM
We oppose PFI for more than the billions in debt it leaves behind.
Inflexible, poor-value maintenance contracts siphon money from patient care and lock trusts into bad deals.
The NHS — its staff & patients — deserve better.
Explore our PFI work via the link in our profile 💙
Inflexible, poor-value maintenance contracts siphon money from patient care and lock trusts into bad deals.
The NHS — its staff & patients — deserve better.
Explore our PFI work via the link in our profile 💙
PFI didn’t just burden NHS trusts with huge debt, it trapped them in decades of overpriced maintenance contracts.
One trust was charged + £300 to change a lightbulb. Outrageous.
And now the gov is exploring PFI-style schemes again. Fight back with us: bit.ly/NHSandBudget
One trust was charged + £300 to change a lightbulb. Outrageous.
And now the gov is exploring PFI-style schemes again. Fight back with us: bit.ly/NHSandBudget
November 27, 2025 at 8:42 AM
PFI didn’t just burden NHS trusts with huge debt, it trapped them in decades of overpriced maintenance contracts.
One trust was charged + £300 to change a lightbulb. Outrageous.
And now the gov is exploring PFI-style schemes again. Fight back with us: bit.ly/NHSandBudget
One trust was charged + £300 to change a lightbulb. Outrageous.
And now the gov is exploring PFI-style schemes again. Fight back with us: bit.ly/NHSandBudget