logo
The Daily Stirrer

Labour's Loony Spending Schemes Crippling the NHS.
by John de Roe.

The nation was given a laugh when David Laws, treaury minister for the incoming conservative / lib dem coalition government revealed his Labour predecessor had left a note saying There is no money. it does not seem so funny now as the true extent of Labours financial profligacy is being discovered. The private finance contracts some NHS Health Trusts were tied into are crippling local hospital trusts financially

Labour's Loony Spending Schemes Crippling the NHS.
by John de Roe.
2010-08-23
CREATIVE COMMONS: Attribute, non commercial, no derivs.
KEYWORDS: health,hospital, hospitals, medical, PFI, finance, NHS, money, government, conservative, Labour, coalition, private, public, ppp, investment, economy, economies

The NHS in England faces a total bill of £65bn for new hospitals built under the private finance initiative (PFI), according to figures quoted by BBC news. That is not £65 billion for building new hospitals but £65 billion a year for renting fully serviced hospitals from private contractors.

This annual bill, the "NHS mortgage" as some people call it means that for some local healthcare trusts annual repayments take up more than 10% of their turnover. Public Accountants have said the fees, which rise each year, would make it harder to achieve necessary savings while senior medical said the situation would result in less money being available for patient care. But government sources insist the 103 schemes were providing value for money.

It may be that health and finance ministers in the coalition are reluctant to appear to be blaming the previous government for all the nations difficulties rather than trying to solve the problems or the case may be that the coalition were saddled with binding contracts by the irresponsibility and lack of business acumen that afflicted Labour in all spheres of government. Either way it is simply unbelievable that any finance expert would judge these Private Public Partnership Private Finance Initiatives are providing value for money services to the taxpayer. More likely they would be seen as a licence to print money for the private finance investors willing to underwrite Labour's spending plans in deals that would guarantee returns of many times the original investment.

Private Finance Initiatives (PFIs) were devised by the Conservatives but never really took off until 'New Labour' won power. In the days in which public policy was dominated by concerns about the size of the public sector or the public sector borrowing requirement, the PFI was seen as a means of funding public sector capital needs, but defining this as private rather than public debt. Both Conservative and Labour governments used PFI to mask the expansion of public debt and the true extent of the state's indebtedness to financial institutions.

The people who devised PFI were among those deluded academics and politicians who believed economies could keep growing forever driven by constantly increasing consumer spending. Constant growth in the economy would lead to constantly increasing affluence in the population and constantly increasing tax revenues for government. This constant growth would enable society to cover the ever mounting costs of this political subterfuge. The obvious analogy for PFI is a mortgage where you initially think it is affordable on the optimistic basis of short-term growth in personal income, but then disaster strikes, income growth collapses and repayment becomes an insurmountable challenge.

PFI contracts are very detailed, providing not only for the construction of new hospitals and schools but also for their maintenance, cleaning and other services. Some of these contracts cost several million pounds to draw up and, once agreed, tie contractors to often onerous payments for 30 years and more. Furthermore, they include clauses facilitating the passing on of costs to the NHS when, for instance, national standards of cleaning or safety change. A parallel in business is a company that rents serviced offices in which not only the floor space but the utilities, janitorial services, office furniture, security and administrative functions are provided by the building's operator. If the company then outsources other functions such as IT, accounting, distribution, manufacturing and sales it can become a virtual company, a management team running a business in which everything else is done by third parties.

That is fine so long as the company keeps growing. The problems set in when adverse trading conditions are encountered and revenue is squeezed. All the services still have to be paid for and suppliers have to cope with cost inflation. The virtual company finds reducing overheads difficult because it is tied in to long term contracts.

Now the National Health Service faces declining real income. The government may give assurances that the health budget is ringfenced but in the face of falling tax revenues and rising benefits how solid is the fence? The NHS will have to pay increased VAT and national insurance rates just as any other business would. That the budget is ringfenced does not mean it has to be increased. Inflation will erode the value of money granted by the ministry to each health trust. Cuts in local authority spending may mean social care funding will have to be augmented by transfers from the NHS to council budgets. If this does not happen, "bed blocking" will reduce hospitals' capacity to manage increasing patient demand. Last week it was announced that £500m will have to be transferred from NHS to social care funding in the current year.

The consequences of these cost pressures for hospitals built on PFI contracts are that those hospitals now face significant financial pressures. In principle this should not be a problem as PFI was promoted as a mechanism to increase NHS efficiency or value for money. This was despite it obviously being cheaper for government to borrow on capital markets compared to contracting private organisations to build, own and operate hospitals and other services.

How the "efficiency" gains of PFI are achieved remains unclear, partly because the contracts are "confidential" thus it is impossible to offer a critique of how they work and how money is distributed and accounted for. In the absence of an auditors quantification of the alleged gains, probably as illusory as the toxic assets banks traded in before the financial crash. Which leave us with little choice but to assume PFI schemes were really never anything more than a licence for the private sector to pocket taxpayers money.

RELATED POSTS:
p>Labour's NHS Privatization By Stealth PFI Deals Are Killing Hospital Patients
It is really gobsmacking to see every day, Labour supporters blaiming the Conservatives and Lib Dems for the NHS cisis and accusing UKIP of wanting to privatize the NHS,, when in reality UKIP, the only party whose leaders have real world business experience, are the only party that can or even wish to save the NHS. Get wise to LabLibCon corporate piracy.

NHS executives 'earn £35 million in pay rises' despite funding crisis
While Labour, Lib Dem and Green politicians accused the Conservatives of starving the NHS of cash,and as many Hospital Trusts faced financial problems and having to cut back on standards of care given to patients, we are learning that NHS bosses awarded themselves over £35 million in pay rises during the worst financial year in the history of the service.

NHS Money Wasting Machine And The One Budget That Is Never Cut
After the usual empty promises made at the annual conferences of the three main political parties - all three party leaders swore that only their party can save the National Heath Service (NHS) eternally a key isue in UK politics, we decided it was time our we too a close look at why NHS finances are always in a mess.

Evil Labour Government Helped Private Companies Profit From NHS
If you live in Heywood and Middleton and were thinking of voting for the greedy, paedophile loving, elitists' party, Labour because you have been taken in by the lies peddled at the Labour conference that the wicked Tories plan to privatize the NHS, think again.

Oh Dear, What Will We Do With Those Huge Superhospitals Now
The headline read "Small hospitals are the future," says Minister. And just after us poor taxpayers had finished shelling out for all those huge, centralised, impersonal, targets, budgets and statistics obsessed super - hospitals orderd by the billionair buddy politicians of New Labour. Yes, we are talking about those white elephants funded by ...
Health

Add Corruption To Charge Sheet For big Pharma Crimes Against Humanity
In addition to other recent exposes of Corporate criminality Pharmaceutical companies are now accused of working with pharmacists to overcharge the Health Services millions of pounds, says The Daily Telegraph. Now readers outside the UK, particularly in America where hospitals are private businesses might think this is nothing to do with them. But the drug companies are Global concerns and if they are ...

Government Spending Cuts Hit NHSGovernment spending cuts will stretch the NHS and social care services in England to the limit, according to a report by the Commons Health Select Committee. The committe of MPs say the plans assume efficiency savings on a scale never before seen in the NHS, or in other countries. Steven Dorrell, chair of the committee, said the NHS had to save 4% per annum for four years - a "huge target".
Blair's JourneyTony Blair's memoir of his political career, The Journey, is a must read for fans of another politician whose ambition and lust for power far outstrips his ability and experience. Solipsistic and self regarding, Tony Blair takes us through how he saved the Labour party and led it to power, how he charmed the traditionally conservative middle classes, how he spoke to the traditional Labour voters and earned their loyalty and support for his Thatcherite policies and how he saved British businness from economic catastrophe. Strangely he does not mention how he untimately betrayed all those groups.
Blood Bank Toxic DeptIs the Blood Bank, the National Health Blood Transfusion Service, run by the same bankers whose speculation in toxic debt brought down the financial system. One might be forgiven for thinking so on the evidence of the penny pinching, profit first, service second way the unit is being run
British TeethOur American friends like to make jokes about British teeth. They might be more sympathetic towards our desire to keep our natural teeth if they knew the history of British dentistry since the formation of the National Health Service.
Drugs OnlineOne of the few growth industries is the selling of fake prescription drugs online. So long as the drugs sold as viagra, vallium, ritalin etc are just sugar pills there is no harm done. It's when people buy the real thing the trouble starts...
Keep Health Out Of PoliticsHave those government sponsored health scares about fats, alocohol, chocolate and ciggies ever got up your nose? No? They would if you knew the special advisors dreamed them up over brandy and cigars after a jolly good lunch.
NHS Patient: I Am Not A NumberThe labour government made a huge error in placing targets and statistics ahead of patient care in the NHS. Nurses complained they were spending more times filling in forms and dealing with paperwork than they were on patient care. Now Labour are screaming about the coalition's proposed cuts in NHS budgets. But the cuts will reduce numbers of managers and administrators, not nurses and front line staff.
NHS spening cutsThe labour government made a huge error in placing targets and statistics ahead of patient care in the NHS. Nurses complained they were spending more time bean counting than they were on patient care. Now Labour are screaming about the coalition's proposed cuts in NHS budgets. But the cuts will reduce numbers of managers and administrators, not nurses and front line staff.
Nurses Spend Too Much Time Bean CountingThe labour government made a huge error in placing targets and statistics ahead of patient care in the NHS. Nurses complained they were spending more time bean counting than they were on patient care. Now Labour are screaming about the coalition's proposed cuts in NHS budgets. But the cuts will reduce numbers of managers and administrators, not nurses and front line staff.
Poverty: Labour Succeeds Where Thatcher FailedMrs Thatcher's war on the working class was not half as desructive as New Labour's efforts to help them.
Well We Did Warn YouA new health scare pops up every week it seems and with each scare comes a public information campaign costing millions and telling us what we have all known for years or do not give a brass fart about anyway.
Every Day In Every Way Tyranny Creeps A Little CloserThe NHS has come up with a scheme to deny care to people whose behaviour has contributed to their ailments. Smokes lung problems will go untreated, alcoholics livers will remain enlarged and fat people's bad backs will get no sympathy or pain killeres. But how far will this health tyranny go. 'No, you can't have a midwife, you got yourself pregnant, deal with it. We've got paperwork to do?
If you liked this, please give it a boost

Bookmark and Share

Close Window and return to menu
SITE SEARCH
find keywords on this site

Enter keywords& choose search engine:

Google: Yahoo: MSN:

This free script provided by
JavaScript Kit

INFORMATION & NAVIGATION

navigate

navigate

CATEGORIES

Fiction
Animal related
Art Menu
America:
Belief, Faith and Religion
Big Data And The Surveillance State
Catalogue of the Bizarre
Our posts on the Brexit saga
Celebrity mocking and knocking
Climate and Environment
Comedy, Satire, Humour
Debt Crisis and Money Matters
Driven To Drink
Europe index of posts
Posts on far east
The trade and commerce catalogue page
Germany - index of posts
EU Immigration crisis
Cultiral Clash - Islam Versus Multiculturalism
Education Menu
Fear and Panic
Globalisation - the enemy of freedom
Geoengineering: Science versus Humanity
Health Menu
History - new perspectives
Immigration crisis
Humanitas
ISIS and the Middle East War
Jobs Crisis
Living Within The conspiracy
Middle East
Nanny State and The Thought Police
Past Perspectives
Philo & Sophia
Politically Correct Stupidity
Fools & Dreamers
Politics and Economy
Recommended Reading
Science and Technology
Sex and sexuality
Sport
Syria -learn what really happened (catalogue) UK politics
Weird and Supernatural
World Politics
SNACKS (sub topics)
The Ageing population
age
Religion and spirituality
Climate Change
Comedy and Humour
Education is overrated
The environment
Europe
Health
Internet Technology
Jobs and employment
Money and finance
Myths and traditions
Nanny Orwell
People and Places
Science, technology
Society
UK politics
War
World Politics

Our Internet Places
Scribd
Blogster
Ed Butt at Bubblews
Wikinuts
Boggart Blog
Little Nicky Machiavelli
Boggart Network News
Greenteeth Bites
Greenboggart
Boggart Blog Central
Daily Stirrer briefing
Boggart Network News
BOGGART BLOG ARCHIVES
BBselect001
BBselect002
BBselect003
BBselect004
BBselect005
BBselect006
MULTI MEDIA
Spoken Word
Video
Music
Graphic Art

LATEST POSTS & COMMENTS

February 2020


Worst polluting coal and wood fires banned in fight to cut emissions
Domestic coal and certain types of wood are to be banned from sale from next year in a bid to cut air pollution, ministers will announce on Friday.

Macron Vows to Fight ‘Islamist Separatism’ with New Reforms

French President Emmanuel Macron has declared his government will fight against “Islamist separatism” with reforms including ending residency for foreign imams.


Switzerland’s environmental agency announces national moratorium on 5G
This blog has warned about the health risks of 5G wireless technology before, almost from the moment it was announced people who understand this technology (and two out of the three of us do,) have been saying that while there is always a risk from electro – magnetic radiation, with earlier technologis it was easily manageable if a loittle common sense was deployed. The exponentially higher intensity of 5G frequencies however, takes the health risks to humans to a whole different level.

Criminal damage in Cambridge reveals the police soft peddaling on Extinction Rebellion crimes Nobody is allowed to walk on the grass outside Trinity College Cambridge. I suppose an exception might be made if you were a 365-year-old don who once lolled under the famous apple tree with Sir Isaac Newton (probably a couple of those old fellows still holed up in the port cellar).

Otherwise, set one foot on that sacred turf and you will soon find yourself experiencing the full force of Newtonian gravity; rugby-tackled to the ground by a puce-faced porter in a bowler hat.

Germany's ruling party split over how to respond to AfD
Germany's Christian Democrat party (CDU) is as deeply divided as Britain's Labour Party over how to respond to the upsurge of nationalism. Facing a serious challenge from the nationalist (but not far right please, they are not that,) Alternative for Germany party (AFD) the CDU seems pitifully unprepared for departure of the Chancellor Merkel at a point when Germany its facing most serious political and economic crisis for decades.

Afer EU Engineered Hiatus Italy Heading For New Elections?
Matteo Salvini's Lega are by far the most popular political party in Italy and have been for some time, only a stitch up engineered by the Brussels bureaucracy has kept them out of power. But Brussels determination to prevent any Eurosceptic party becoming part of a governing coalition in any member state reveals the true, authoritarian nature of the European Union.

Sweden dystopia omnibusSwedish Communist Party: The Left Has Abandoned the Working Class For Migrants & LGBT issues
Are the left getting it at last? Is the message sinking in that the grass roots movements have been infiltrated and hijacked by middle class intellectuals. Are they starting to realise that the obsession with identity politics has supplanted income inequality, housing availability, jobs and the cost of living ... ?

Is the World Health Organization involved in biological warfare research?
Dr. Francis Boyle, a professor of international law, talked in a recent interview with about the Wuhan coronavirus now sweeping through the far east, laboratory in Wuhan, China, where the genetically modified virus appears to have originated, and the World Health Organization’s (WHO) clandestine involvement in biological warfare research ...Continue reading

13-year-old fights school policy allowing ‘trans girls’ into girls’ changing room February 7, 2020 (Paul Smeaton, LifeSiteNews) – A 13-year-old UK girl is taking her local council to court after it issued guidance that would allow boys who identify as “transgender girls” to access girls’ bathrooms, changing rooms, and dormitory rooms on student trips.
The guidance was issued last year as part of the Oxfordshire County Council’s “Trans Inclusion Toolkit for School 2019” project.

RACIST BRITAIN: ‘Black Studies’ Professor Says British Empire Was Worse Than Nazi GermanyBritain’s first professor of “Black Studies”, (yes you can get a Mickey Mouse degree from Toytown University in Black Studies,) who is aquiring quite a reputation for uttering ‘hate speech’ against Britain and white people in general, has now opined the British Empire did “far more harm” than Hitler’s Germany, and branded “whiteness” a “... Continue reading”.

Big Pharma billionaire charged with conspiracy and bribery of doctors
Not long ago it would have been inconceivable that one day a Big Pharma company founder and owner would be arrested for running a criminal drug cartel, but that is exactly what happened a few days ago. “Federal authorities arrested the billionaire founder and owner of Insys Therapeutics Thursday on charges of bribing doctors and pain clinics into prescribing the company’s fentanyl product to their patients ...

Coronavirus Contains “HIV Insertions”: Claim Stokes Fears Over Genetically Modified BioweaponFor the past two weeks mainstream media reporting of the epidemic of a new strain of coronavirus in China has been getting more and more hysterical. However, reports have pushed back against one "conspiracy theory" about the origins of the virus that has now infected as many as 70,000+ people in the central China city of Wuhan alone (depending on whom you believe).

Corona Virus: Should We Worry
The official data coming out of China and from other sources including the World Health Organisation (WHO) on the spread of the Wuhan coronavirus continues to suggest an exponential growth rate. With more and more infectious disease experts are now openly calling the virus a full-blown global pandemic, many people are asking should we in the west be worried and how bad might things get?

The Islamic Republic Of France
France’s left-wing elite are accused of cowardice for failing to support 16-year-old girl facing death threats after she insulted Islam online, the ruling class have been also accused of cowardice for failing to support a 16-year-old girl who has faced death threats after she allegedly insulted Islam online.

Clinton Kill List To Determine Who Will Be US 2020 Presidential Candidate?
And then, in accordance with Murphy’s law, which states just when you think things can’t get any worse, they do, Hillary Clinton has emerged, having found what she obviously thinks is a sure – fire route to the presidency, to offer her services as vice presidential candidate to whoever wins the nomination. And just to show how far The Democrats are removed from reality, many leading figures in the party and the left leaning media think it’s a good idea.

January 2020

Coronavirus Contains “HIV Insertions”: Claim Stokes Fears Over Genetically Modified Bioweapon
The theory that China obtained the coronavirus via a Canadian research program, and started molding it into a bioweapon at the Institute of Virology in Wuhan before it somehow escaped could be an attempt by the establishment (the Davosocracy,) to spread fear and panic as they see resurgent nationalism across the developed world and growing scepticism about

Italy most likely member to quit the EU and demand independence after Brexit -shock poll 23:01 (11 pm) 31 January, the United Kingdom is no longer part of the European Union.

Throughout the day, the last on which the UK will be a member of the European Union, more than 7,000 people took part in an online, and completely meaningless except as a gesture, poll which asked which nation they thought would be next to leave the 27 member bloc ...

US Democratic Party Orders Google To Spread Globalist Propaganda
The U.S. House of Representatives Select Committee on the Climate Crisis has demanded, in a letter to Google CEO Sudar Pichai that the Internet Search giant demonetize climate skeptics, and provide 'education' to millions of people who have been exposed to “dangerous misinformation”. Key actions demanded of Google by The Democrats are:

Time is NOT real: Physicists show EVERYTHING happens at the same time

The concept of time is simply an illusion made up of human memories, everything that has ever been and ever will be is happening RIGHT NOW. That is the theory according to a group of esteemed physicists who aim to solve one of the universe’s mysteries.
Most people do not even consider the concept of time but there is nothing in the laws of physics to state that it should move in the forward direction that we know. The laws of physics are symmetric ultimately meaning that time could have easily moved in a backward direction as it does forward. Indeed some adherents to the ‘big crunch’ theory say time WILL run backwards when the universe stops expanding and starts contracting back in on itself.

The BBC is panicking at the public’s rejection of its arrogant Left-liberal worldview
This is nearly over – this weird disconnect between what most of us understand as reality and the world as seen through the eyes of an all pervasive Authority that was apparently appointed (although we never knew by whom) to establish the limits of public discourse. The crisis of confidence at the BBC – and make no mistake, it is a full blown, all alarm bells ringing, catastrophic crisis ...

The grooming gang cover-up is Britain’s real racism scandal

Forget pathetic 'Princess Pushy' Megan Markle petulantly playing the race card when she found life in the goldfish bowl occupied by Britain's Royal Family was not to her liking, the grooming gang cover up is Britain's racist scandal - and it is far worse than the trivialities that get American libtards screaming about "White Privilege ..."

John McCain’s Widow Comments on Jeffrey Epstein’s Sex Trafficking ChargesJohn McCain’s Widow Comments on Jeffrey Epstein’s Sex Trafficking Charges


Speaking at a human trafficking event in Florida, McCain revealed that her family was quite familiar with Epstein’s wrongdoings as one girl from her daughter’s high school was actually among the financier’s underage victims, then suddenly acknowledging that she “knew” about his crimes.
More posts:

French Intellectual Jailed for Calling Mass Immigration an “Invasion”
French intellectual Renaud Camus (above) has been conditionally sentenced to 2 months imprisonment for arguing that mass immigration in Europe represents an “invasion.” Summit.news reports: The writer, who is the author of Le Grand Remplacement (The Great Replacement), was charged with “public incitement to hate or violence on the basis of origin, ethnicity, nationality, race or religion.”

“Hard” Of Hearing? PornHub Being Sued By Deaf Man For Lack Of Subtitles
We read today that sex supermaket site PornHub is being sued by Yaroslav Suris, who has filed a lawsuit claiming that its lack of PornHub’s lack of subtitles for the hard of hearing is discriminatory. Suris’ bone of contention is that the website violates his rights under the Americans With Disabilities Act, according to showbiz gossip site TMZ, which broke the story ...

Quitaly Back On As Salvini Prepares To Take On The EU
While the bureaucraps of Brussels were still congratuating themselves on forcing Matteo Salvini’s Lega party out of Italy’s governernment, mainstream media barely bothered to cover the news that Lega won the state elections in Umbria towards the end of October 2019. Thus the story that should have had Europhiles like Emmanuel Macron and Guy Verhofshit crapping themselves was barely noticed.

Police Failed To Act Against Muslim Grooming Gang Due To Fears Over "Community Tensions" A new report based on the evidence of former Grester Manchester Police Detective Constable Maggie Oliver acknowledges that the force failed to stop dozens of girls being groomed and sexually exploited by a network of Pakistani men despite being fully aware of what was happening due to fears over creating “community tensions.” The report notes that the instruction to avoid prosecuting came "right from the top ..."

Asian grooming gang given free pass to rape; police officers told ‘find other ethnicities’ to investigate – detective.
A report published today, authored by child protection specialist Malcolm Newsam CBE and former senior police officer Gary Ridgway, comes following the reopening of an investigation into the death of 15-year-old Victoria Agoglia, who – after years of abuse and days after she was injected with heroin by a 50-year-old man – died in hospital of an overdose in 2003.

Greta Thunberg Slams Australia for Coal Industry, Expands List of Climate Demands
Little Greta Thunberg, who was elected by nobody apparently now speaks for us all on matters relating to climate change. The Swedish climate change hustler who is making a fortune for her handlers from donations to her campaign, again castigated Australia for continuing to mine and export coal despite her previous complaints, adding a call for an end worldwide to the actibity to her list of climate demands to be delivered at the upcoming World Economic Forum in Davos ...

Macron Digs In Against The General Strike, But Could It Finish Him?
As the French braces itself for the latest wave of protests and strikes across the country, as attitudes harden against President Emmanuel Macron's pension and retirement system reforms. Karel Vereycken, vice-president of France's Solidarity and Progress Party, has given his version what's behind the recent wave of strikes and why Macron's efforts to calm the situation down are backfiring.

Home
Top Of Page
Back Catalogue
Our Comments
FEATURESThe Daily Stirrer
Boggart Blog Central

Comedy Main
Comic Verse
Cartoons
A Tale Told By An Idiot
General
Fiction
History
Thought
Poetry
Science & Technology
Elsewhere

Boggart Blog Daily
Little Nicky Machiavelli
This writer at Authorsden Gathering
Delicious Greenteeth
Boggart Network News
Boggart Network News

News Feeds (Go back to top)
BBC News Feed
CNN News Feed

[an error occurred while processing this directive]