Early day motion 306

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COST OF PRIVATE FINANCE INITIATIVES

That this House notes that the Government holds assets worth a capital value of 56 billion, which have been built under PFI contracts; but is deeply concerned that these will cost taxpayers around 229 billion by the time the debt is repaid up to 30 years later; further notes the South London Healthcare Trust has been put intospecial administration because its 2.5 billion PFI deal costs 61 million a year to service, more that 14 per cent of its income which it cannot fund; and fears that many other hospital trusts will also be unable to meet their annual PFI debt payments without massive reductions in staffing and patient care.

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Total number of signatures: 17

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Showing 17 out of 17

Name Party Constituency Date Signed
Bottomley, Peter Conservative Party Worthing West 03.07.2012
Burt, Lorely Liberal Democrats Solihull 11.07.2012
Campbell, Ronnie Labour Party Blyth Valley 04.07.2012
Caton, Martin Labour Party Gower 04.07.2012
Corbyn, Jeremy Labour Party Islington North 04.07.2012
Durkan, Mark Social Democratic and Labour Party Foyle 03.07.2012
Edwards, Jonathan Plaid Cymru Carmarthen East and Dinefwr 03.07.2012
Flynn, Paul Labour Party Newport West 11.07.2012
Galloway, George Respect Bradford West 11.07.2012
Godsiff, Roger Labour Party Birmingham Hall Green 02.07.2012
Hopkins, Kelvin Labour Party Luton North 05.07.2012
Leech, John Liberal Democrats Manchester Withington 05.07.2012
Llwyd, Elfyn Plaid Cymru Dwyfor Meirionnydd 03.07.2012
McDonnell, John Labour Party Hayes and Harlington 04.07.2012
Pugh, John Liberal Democrats Southport 05.07.2012
Ritchie, Margaret Social Democratic and Labour Party South Down 10.07.2012
Sharma, Virendra Labour Party Ealing Southall 03.07.2012