SIR – The private finance initiative (PFI) deal which delivered the Worcestershire Royal Hospital was not the best deal for the taxpayer.
However, the headline ‘Royal to cost taxpayer 10 times original price’ (Worcester News, February 3) is misleading.
A residential mortgage costs two to three times the original price, depending on the interest rate charged.
But the payments to the Royal’s PFI contractor are not just paying a mortgage.
The contractor is maintaining the building, replacing expensive worn-out medical equipment, cleaning the building and providing catering and hospital porters for 30 years.
PAUL DENHAM
Worcester City Council
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel