asterisk2a + pfi   28

(13584) JOEL BENJAMIN on Why The Public Are Kept In The Dark - YouTube
Councils took out high-interest loans from highstreet banks (vs low from via gov) + PFI, now running against the wall
- http://lada.debtresistance.uk/what-is-a-lobo/

LOBO loans
UK  Austerity  Council  PFI  bankruptcy  high  interest  loan  LOBO 
october 2018 by asterisk2a
(112) Renegade Inc. & What to expect in 2018 - YouTube
UK BOE QE trap - the road to normalisation - without counter engagement (productive investment), and further Austerity, tax evasion, inequality, income gap, secular stagnarion, less money to spend for the average joe === very bumpy uncertain ride. ... and add Brexit even more uncertainty. OUCH. real growth for real people not gonna happen. // see also RAWerden Richard Andreas Werner for bank reform (local non-profit et al) // also consumers will hold back. especially w trickle down of bad news. job losses here and there retail inflation wage growth etc. creating a impression of a malaise especially for the 50% who voted remain. and 30% who didnt go vote. // see also news 8or7 out of 10 workers broke/permanently skinned - and consumer debt at 2008 high //
BOE  QE  trap  Richard  Koo  UK  Austerity  productive  investment  underinvestment  productivity  Brexit  Steve  Keen  book  RAWerner  debt  bubble  asset  alternative  WallStreet  GDP  output  gap  uncertainty  2018  business  consumer  confidence  fiscal  policy  NHS  monetary  Carillion  PFI  disposable  income  discretionary  spending  credit  malaise  secular  stagnation  stagflation 
february 2018 by asterisk2a
Taxpayers owe private firms £199bn for PFI deals - BBC News
creaming off, For example, it said the capital raised through PFI cost 2% to 3.75% more than from state borrowing.

"Small changes to the cost of capital can have a significant impact on costs," it added.

"Paying off a debt of £100m over 30 years with interest of 2% costs £34m in interest. At 4% this more than doubles to £73m."

In the past PFI deals have been accused of leading to huge cost overruns and indebting NHS trusts.
PFI  UK  NHS  Council  Privatisation  Austerity  neoliberal  neoliberalism  profit  maximisation  Schools  Prisons  accountability  Transparency 
january 2018 by asterisk2a
Cold Comfort: So-Called ‘Tough Decisions’ Are Putting Patients at Risk | Novara Media
As shown by the paradise papers, many PFI contracts are held in offshore trusts. So we are all being doubly ripped off, tied into open-ended blank chequebooks, with extortionate amounts being paid by near-bankrupt health authorities to companies that pay no UK tax. The health authorities are unable to employ locum staff to support the unfortunates working on the wards, meaning everyone is overstretched. No wonder austerity has likely resulted in 45,000 extra deaths in the NHS since austerity was introduced in 2010, as the BMJ Open study estimates.
NHS  winter  crisis  sickcare  demand  PFI  privatisation  neoliberal  tax  evasion  avoidance  chronic  sick  population  ageing  demographic  bubble 
january 2018 by asterisk2a
NHS shake-up is not a Trojan horse for privatisation, says top doctor | Society | The Guardian
accountable care organisations (ACOs).
Another body to control for quality, beyond CQC!? Tories already made CCGs accountable. //&! http://www.bbc.co.uk/news/health-42873285 - NHS plans: Privatisation or progress? //&! https://www.newstatesman.com/politics/health/2018/02/jeremy-hunt-still-clinging-his-job-because-he-has-big-plans-april - There is much merit in merging services like this, but the way Hunt intends to set up ACOs will open them to competitive tender, with opaque lines of responsibility once contracts are awarded. This is exactly what the huge private health care companies have been waiting for – the chance to take over whole chunks of the NHS and social care sectors and run them on commercial lines.
ACO  NHS  CCG  Politics  CQC  STP  Austerity  Privatisation  rationing  staff  crisis  sickcare  healthcare  demand  PFI  Council  ageing  demographic  bubble  population  premature  CEP  elderly  care  adult  social  Cancer  obesity  CVD  overweight  chronic  sick  waiting  times  bedblocking  bed  blocking  treatment  delay 
january 2018 by asterisk2a
These little-known opaque bodies could run health services. Are they legal? | Denis Campbell | Society | The Guardian
divorcing NHS failure from politics westminster and health minister. as jeremy hunt says ccgs are accountable: eg mental health spending.
NHS  England  ACO  Privatisation  accountability  Politics  Austerity  CCG  STP  CEP  Jeremy  Hunt  Simon  Stevens  rationing  waiting  times  CQC  treatment  delay  excess  death  patient  safety  outsourcing  PFI 
november 2017 by asterisk2a
Driving students away from nursing is a spectacular act of political self-harm | Polly Toynbee | Opinion | The Guardian
With 40,000 nursing vacancies unfilled, the news that training applications are down by 23% is disastrous for the NHS [...] It reckons that in all over the past 10 years, 400,000 people who would have studied part-time in higher education have been deterred from doing so. [... can really re-pay the fees working for nurse salary + the jobs commitment ... + working 50% of their time training! ] [...] Janet Davies, head of the Royal College of Nursing, warns that nurses’ attitudes will alter once they are paying heftily for their training: “They will demand better clinical placements and their relationship with the NHS will change: carrying a heavy debt to get qualified, they will feel less obligation to work in the NHS.” The government promised that imposing fees on trainee nurses would see an increase of 10,000 new training places; none have been provided.
NHS  bursaries  Austerity  education  policy  debt  student  loan  tuition  fee  maintenance  grant  poverty  staff  shortage  locum  agency  skills  gap  Tories  George  Osborne  Jeremy  Hunt  Simon  Stevens  David  Cameron  Privatisation  PFI  trap  productivity  output  neoliberalism  neoliberal 
july 2017 by asterisk2a
Catalogue of safety risks identified at NHS Grampian hospitals | Press and Journal
[backlogs bc of austerity and PFI ] Aberdeen Royal Infirmary has 24 areas of risk, including asbestos, fire safety and legionella – the bacteria that causes legionnaire’s disease – and general health and safety.

It is one of 33 facilities across Scotland, including the north-east’s flagship hospital, that have either significant or high risk maintenance backlogs which need to be addressed.

The figures were released by the Scottish Conservatives yesterday and covered all 14 health boards including NHS Grampian.

Aberdeen’s maternity hospital has 14 issues which have yet to be resolved, which also include legionella, fire safety and general health and safety
PFI  Austerity  NHS  Grampian  Scotland  rationing  infrastructure  underinvestment 
july 2017 by asterisk2a
(1397) Theresa May in Election Jitters Caught Lying About Tory Plans to Cut The National Health Service - YouTube
selling of buildings and land and leasing it back = privatisation 2.0 after PFI. // proceeds are used to run NHS! LOL // book Oliver Letwin a- artificially distress NHS and Co to privatise it to make it more palatable. // Naylor Report - http://www.mirror.co.uk/news/politics/what-naylor-report-everything-you-10543351 /// Simon Stevens is Tories henchman and privatisation agenda!
NHS  Privatisation  GE2017  PFI  UK  STP  health  care  demand  Jeremy  Hunt  Simon  Stevens  England  Wales  Conservative  Party  nastyparty  nasty  Manchester  Devolution  ageing  chronic  sick  population  demographic  bubble  adult  elderly  social  Prevention  Austerity  Naylor  Report  Oliver  Letwin  book  Living  Standard 
june 2017 by asterisk2a
Schools face years of funding cuts if Tories win election, say thinktanks | Education | The Guardian
IFS says funding will fall by nearly 3% by 2021, with the Education Policy Institute thinktank drawing similar conclusions
education  policy  austerity  Brexit  Tories  nasty  party  Conservative  competitive  competitiveness  skills  gap  productivity  output  recovery  GFC  bank  bailout  Privatisation  PFI  Theresa  May  GE2017 
may 2017 by asterisk2a
Tony Blair's legacy 20 years on - BBC News
[hard left was banished to the wilderness under Blair] Blair's supporters point to his domestic achievements - the minimum wage and all the new schools, hospitals and Sure Start children's centres that were built during his time in power - and they insist that his reputation will one day recover.
But with Britain on its way out of the European Union, and the Labour Party back in the hands of the left, it seems like much of what Blair stood for has been swept away.
Tony  Blair  Labour  Party  UK  history  Politics  PFI  Privatisation  economy  NHS  globalisation  capitalism  neoliberalism  neoliberal  tax  evasion  avoidance  banking  deregulation  regulation  regulators  economic  USA  GFC 
may 2017 by asterisk2a
School budget squeeze 'is reducing pupils' subject choice' - BBC News
The English Baccalaureate or EBacc was brought in by the coalition government in 2010 for pupils achieving at least a GCSE C grade in English, maths, the sciences, a language and geography or history.
The percentages of pupils entering and achieving this standard are among measures used by government to determine a school's performance.
The poll suggests pupils' options are being narrowed throughout the secondary curriculum.
education  policy  Austerity  JAM  Theresa  May  nasty  party  Conservative  skills  gap  foreign  language  culture  Brexit  Global  Britain  Philip  Hammond  Privatisation  Academy  Free  Schools  PFI  Council  gini  coefficient  poverty  trap  social  income  mobility 
april 2017 by asterisk2a
Budget 2017: Asset sales to thank for UK's figures? - BBC News
'we are not paying our way in the world' -- highlight the cheat the Tories are. 1 sale of national assets to lower debt. still horrible trade balance deficit now w even weaker pound. And not mentioned the recovery supported greatly by household debt bubble and mortgage party. GDP per capita, wage growth v inflation, living standard, current account deficit, underinvestment/austerity in edu and health (see imf paper), ... UK becoming a basket case.
Budget  Tories  Conservative  PFI  Assets  George  Osborne  Theresa  May  Manufacturing  underinvestment  Philip  Hammond  London  Services  nasty  party  ZIRP  NIRP  QE  household  debt  consumer  credit  card  creditcard  mortgage  housing  bubble  Productivity  output  gap  skills  STEM  education  policy  Austerity  current  account  deficit  GFC  bank  bailout  GDP  per  capita  IMF  technological  unemployment  David  Cameron  social  mobility  income  wage  growth  downward  gini  Coefficient  child  poverty 
march 2017 by asterisk2a
Budget 2017: £2bn for social care and tax rise for self-employed - BBC News
http://www.bbc.co.uk/news/business-39114211 http://www.bbc.co.uk/news/uk-politics-39214295 debt going down bc of state asset sales !!! lol like reverse PFI ! http://www.bbc.co.uk/news/uk-politics-39203784 Philip Hammon tip-toeing around the issue of self-employment disparieties and exploitation. Damaging welfare state. While at the same time going through w corp tax cut from Osborne, as well as inheritance tax cut, capital gains, banks, ... also tip-toing around the business rate increase w a temporary relieve to the discretion of each council (call that a admin & beaurocracy catastrophe and prone to abuse, why give relive fund money to one and not the other?) & nothing for NHS. And still going ahead with Triple Lock Pension and no housing benefit for young. And still going ahead w cut in real terms of edu budgets. And still going ahead w no parity in mental health RE DWP ESA limit not funding mental health conditions.
HMRC  Philip  Hammond  Theresa  May  Tories  Conservative  Party  nasty  budget  Brexit  NHS  National  Insurance  NI  adult  social  care  elderly  self-employment  tax  evasion  avoidance  Council  Austerity  ageing  population  demographic  bubble  chronic  sick  health  demand  Generationengerechtigkeit  Triple  Lock  Pension  Trickle-down  Housing  Benefit  Crisis  education  policy  IMF  homelessness  homeless  inequality  technological  unemployment  mobility  welfare  state  child  poverty  downward  income  trap  gini  Coefficient  Disabled  JAM  DWP  JSA  ESA  working  poor  squeezed  middle  class  Precariat  zero  hour  contract  part-time  PFI 
march 2017 by asterisk2a
Government spending billions on free schools while existing schools crumble | Education | The Guardian
National Audit Office says £6.7bn is needed to bring current school buildings up to standard while ministers have pledged to build 500 free schools by 2020 //&! The scandal of Edinburgh’s unsafe schools is the last gasp of a discredited model of public finance, forced on us by a tax-avoiding governing class - https://www.theguardian.com/commentisfree/2016/apr/12/edinburgh-schools-pfi-racket-crumbling-scotland-tax-avoiding-governing-class &! https://www.theguardian.com/education/2011/jul/19/300-schools-built-private-finance-scheme
education  policy  Austerity  underinvestment  UK  Tories  PFI  Privatisation  nasty  party  Conservative 
february 2017 by asterisk2a
Architects call for urgent inspection of all PFI buildings in Scotland | UK news | The Guardian
Urgent inspections should be carried out on all Scottish public buildings built using private finance initiatives (PFIs), say architects, following the publication of a damning report into the safety of PFI schools. [...] The report blamed inadequate quality supervision and cost-cutting measures for wall collapses at Oxgangs and a number of other PFI schools.
PFI  UK  Austerity  debt  Privatisation  profit  maximisation  Lobby  corporatism 
february 2017 by asterisk2a
Scottish ministers reviewing investment strategy after PFI blow | Politics | The Guardian
PFI is like a rent-to-own scheme for government. paying double or more in the end just to have not debt frontloaded on public balance sheet. 'public debt explosion.'
PFI  infrastructure  Investment  Austerity  confidence-fairy  confidence  fairy  NHS 
december 2016 by asterisk2a
PFI schools built in Scotland 'owned by offshore firms' - BBC News
[...] [ PFI seems like a payday loan over 10-20 years, just for governments ] [public buildings as investment scheme] Stakes in PFI building projects can be sold. They can then be traded on the secondary market to become parts of larger investment funds and pensions, as the monthly fees paid by councils provide a steady income.
PFI  NHS  Education  Policy  Privatisation  Austerity  neoliberal  neoliberalism  UK  George  Osborne  Centrist  Tony  Blair  Gordon  Brown  David  Cameron  underinvestment  infrastructure  investment  tax  avoidance  evasion 
august 2016 by asterisk2a
The Fix: Can The Junior Doctors' Strike Save The NHS? ( Novara Media )
new junior doc contract is a back door to privatisation in the future. those new contracts. [...] some areas of healthcare will always be unprofitable ... [...] 7 day NHS is smokescreen [...] stealth cuts (pay and pension already, now contracts, and also the bursaries turned into debt contracts thus that item off the gov balance sheet) [...] "need to treat the public as grown ups ... that is how much health care for a sick and old population cost." [...] "we need honesty"
Junior  Doctor  Junior  Doctor  Contract  Junior  Doctors  NHS  NHS  England  Jeremy  Hunt  locum  locum  staff  staff  morale  staff  shortage  austerity  health  care  budget  health  care  cost  health  care  demand  health  care  spending  ageing  population  demographic  bubble  OAP  diet-related  disease  chronic  disease  complex  condition  complex  needs  elderly  care  adult  social  care  cancer  obesity  heart  disease  overweight  chronic  low-grade  inflammation  high  blood  pressure  cholesterol  Privatisation  privatization  PFI  scandal  single-payer  healthcare  Workers  Union  Trade  Union  neoliberal  neoliberalism  free  market  George  Osborne  David  Cameron  nasty  party  Conservative  Tories  general  election  2015  election  campaign  promises  Manifesto  Toff  Privileged  Establishment  No  Representation  health  inequality  Career  Politicians  health  crisis  sick  population  prevention  GP  A&E 
april 2016 by asterisk2a

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