Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/681/12486

From The Socialist newspaper, 3 August 2011

The great PFI schools rip off - once again!

Phil Clarke

Before the 2010 general election Lib Dem leader Nick Clegg was correct when he said Private Finance Initiative (PFI) schemes are "a bit of dodgy accounting - a way in which the government can pretend they're not borrowing when they are, and we'll all be picking up the tab in 30 years."

Of course, quite predictably, since the coalition government was formed, Clegg has been completely silent about more PFI schemes being signed than in 2008 or 2009.

PFI, which in 2009 George Osborne (now Tory chancellor) called "discredited", is a scheme where private money is used to build public buildings such as schools and hospitals - the private contractors then lease the building back to the public sector over a period of around 30 years.

The problem is that not only do PFI builds cost a great deal more than publicly run projects, but the private contractor ends up owning the building at the end of the lease!

For example, Edinburgh's Royal Infirmary cost 184 million to build, but through PFI it will cost the public more than 1 billion over 30 years. Add onto this the contracts for maintenance and repair private companies can get under PFI, where changing a light bulb can cost 333, and we have nothing short of a rip-off of the public sector for private profit.

While the government's constant refrain is 'we must all tighten our belts', education minister Michael Gove is using PFI to finance his new school building scheme - already cut to 2 billion from the 55 billion 'Building Schools for the Future' Labour-initiated PFI scheme he scrapped.

An established hate figure for education workers, Gove is making hundreds of schools that desperately need new buildings go without, and making the minority who do get them pay massively over the odds with PFI. It will come as no surprise either that new schools, or those getting new buildings, will be pushed to become academies or 'free schools'.

If publicly built, publicly run state comprehensive schools are cheaper and shown to be more successful, why are they not being built?

Even more tellingly, why won't Ed Miliband's Labour Party put this forward?

It is because all the major parties are more interested in promoting private profit in the public sector than in delivering services to us.

PFI, academies and free schools are, in the long term, about bringing in the private sector to make profit, not just out of building schools but running them.

Workers and unions must say 'No to PFI', 'No to academies' and build a new mass workers' party that stands solidly for a publicly funded, publicly owned comprehensive education system.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 3 August 2011:


Fighting the cuts

UNITE AGAINST ALL CUTS

Building a workers' political alternative to the establishment parties


Opposing the far right

Norway: right wing terrorist killings

Waltham Forest: a victory for unity


Socialist Party NHS campaigning

NHS cuts from a nurse's viewpoint

Gloucestershire NHS


International socialist news and analysis

Eurozone and USA - Debt crisis

Kazakhstan oil strike: solidarity urgent

Syria: State unleashes new terror

Spain:"Throwing a shoe at the system"


Socialist Party workplace news

Bombardier

Reinstate Paddy Brennan!

Workplace news in brief


Socialist Party youth and students

MARCH FOR JOBS!


Socialist Party news and campaigns

Disability rights

The great PFI schools rip off - once again!

News in brief


Socialist Party review

Ragged Trousered Philanthropists


Socialist Party feature

Llanelli railway riots 1911


 

Home   |   The Socialist 3 August 2011   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

PFI:

triangleSheffield tree fellings paused as bully Labour council feels pressure

triangleNHS: public health - not private profit

triangleFailing academy chain strips school assets - end academisation!

triangleCarillion crisis exposes PFI chaos

trianglePrivate profit out of our NHS

Schools:

triangleChild poverty to hit 5m by 2021 - strikes can stop the cuts

triangleNEU conference: Teachers vote to strike over pay and workload

triangleNEU conference 2018: Strike to take on the Tories

triangleSouthampton asks "What will you do to stop education cuts?"

Education:

triangleGoldsmiths students occupy and protest in support of UCU strikers

triangleCampaign against academies boosted by victories

triangleFor Whom the School Bell Tolls: Our kids or the Tories?

Academies:

triangleSchool strikes against academy management

triangleStrikers and parents rally again in Newham against academies

Reports and campaigns

Reports and campaigns

23/4/18

Hull

College protest against job losses

22/4/18

Bromley

Bromley library workers win strike campaign

18/4/18

UCU

UCU members vote to end pensions dispute

18/4/18

Usdaw

Usdaw conference 2018: time for new era of fighting trade unionism

18/4/18

Leeds

Victorious Fearnville Fields campaigners thank the Socialist

18/4/18

Hull

Hull says no to war, no to austerity

18/4/18

The Socialist

The Socialist - a fighting, campaigning, workers' paper

18/4/18

Socialist Party

Building fund: 150,000 milestone smashed!

18/4/18

Fighting Fund

Give us your change (and more) to fight for system change!

18/4/18

Scotland

Workers' victory over anti-union Scottish council

18/4/18

Newham

Avenue School strikers and parents win judicial review

18/4/18

PCS

Vote for a left, fighting PCS leadership

18/4/18

PCS

PCS rejects Acas offer - further strikes announced

18/4/18

Bromley

Bromley libraries - indefinite strike action continues

18/4/18

Butterfields

Butterfields tenants join TUSC campaign

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0784 114 4890

North West 07769 611 320

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551

ABOUT US

ARCHIVE

Alphabetical listing


April 2018

March 2018

February 2018

January 2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999