PFI. stop PFI Sign the petition to save our NHS and Schools from the Sharks

	Dear John Hamilton, Your e-petition "Annul PFI contracts which are bankrupting public services" has now been published. You can view your e-petition at: http://epetitions.direct.gov.uk/petitions/42460 You can also share this URL to promote your e-petition or use the social network links available on your e-petition's page. Thanks, HM Government e-petitions http://epetitions.direct.gov.uk/

Annul PFI contracts which are bankrupting public services

Responsible department: Her Majesty's Treasury

Private Finance Initiative funding of new hospitals, schools, transport projects and MOD accommodation has been detrimental to public finances to the advantage of private interests.
As an example: South London Healthcare NHS Trust had two hospitals built under PFI schemes around 10 years ago. The cost was £210m but with payments this year of £69m and amounting to £2,500m over 30 years, it is heavily in debt. This is being used as an excuse to close Lewisham Hospital's A&E.
At least six other NHS trusts are similarly facing bankruptcy.
This is clearly due to profiteering by banks and construction firms at the expense of the public purse.
We call on H M Parliament to pass legislation annulling all existing PFI contracts without  compensation and transferring ownership of the buildings concerned to the commissioning organisations.
See www.PeopleBeforeProfit.org.uk for more information