Under the Tory government’s misnamed ‘sustainability and transformation plans’, a massive £22 billion of “efficiency savings” – i.e. cuts – will be rammed through the NHS in England by 2020.
The Tories clearly aren’t prepared to tolerate ‘loss-making’ public institutions, unless the publicly owned body is the Royal Bank of Scotland (RBS).
RBS has reported losses of £7 billion last year, taking its total losses since the Blairites’ 2008 government bailout to more than £58 billion.