PFI also extended to ferries. Ex KPMG PFI hospital financial engineers put together the 3 x ship NorthLink deal in 2000 and later financing of Loch Seaforth, which collectively cost hundreds of millions and ended up around three times more expensive than necessary. The 2 x ferries yet to be delivered at Ferguson's also cost three times more than necessary, tho for different reasons - i.e. incompetence and worse, i.e. intentional delayed delivery. All of these ferries were inefficient designs to start with compared with standard proven lower cost options available.
As well as independence Scotland really probably needs an anti-corruption ministry.
PFI was a crazy idea and no more projects should be funded that way. Let's not be fooled again.
I also dislike 'Free Ports' and Enterprise Zones as they are all ways of taking control and money from local areas. We been to get out of this toxic union ASAP.
What I did read a wee while back that was the SNP Gov introduced a similarish plan to have private investment in infrastructure, but nothing like Labours' PFI scheme(scam). It may have been an article in The National, not sure, but it was on no way a huge profit making scheme for private companies and no strings attached once the buildings were completed.
Ultimately though, Scotland needs out of this scheming thieving 'union' pronto, and I agree with Alf, an anti-corruption ministry is a very good idea.
PFI also extended to ferries. Ex KPMG PFI hospital financial engineers put together the 3 x ship NorthLink deal in 2000 and later financing of Loch Seaforth, which collectively cost hundreds of millions and ended up around three times more expensive than necessary. The 2 x ferries yet to be delivered at Ferguson's also cost three times more than necessary, tho for different reasons - i.e. incompetence and worse, i.e. intentional delayed delivery. All of these ferries were inefficient designs to start with compared with standard proven lower cost options available.
As well as independence Scotland really probably needs an anti-corruption ministry.
PFI was a crazy idea and no more projects should be funded that way. Let's not be fooled again.
I also dislike 'Free Ports' and Enterprise Zones as they are all ways of taking control and money from local areas. We been to get out of this toxic union ASAP.
Arm over eyes, I can't look emoji and scary face emoji...yikes!
What I did read a wee while back that was the SNP Gov introduced a similarish plan to have private investment in infrastructure, but nothing like Labours' PFI scheme(scam). It may have been an article in The National, not sure, but it was on no way a huge profit making scheme for private companies and no strings attached once the buildings were completed.
Ultimately though, Scotland needs out of this scheming thieving 'union' pronto, and I agree with Alf, an anti-corruption ministry is a very good idea.
Happy St. Andrews day everyone.
I only just realised that St.Andrews day is indeed a bank holiday...I should've known that!
Has snp had a chance to confirm or deny this?