You don't understand the relationship between debt and deficit, clearly. Your chart (even if accurate) does not show the borrowing causation.
Read up on it, you might learn something.
well if they are the Government they can easily change UK Law to make it legal - once we are out of the EU of course.
Deficit is the opex figure above generated funds.
Debt is the amount the country owes.
Are you saying its something g different?
More than that, possibly, on the lunchtime news they were suggesting £200 billion.
That won't happen though, unfortunately people often need protection from themselves, and there's little that could be done to regulate it from the bottom up.
There's very little that I agree with Labour on, less so Mcdonnell, but this approach might discourage lending to those they shouldn't.
Wouldn't they just look at the actual costof compensation vs the cost of letting it run and go for the lower?
Please excuse the loaded question, I just don't see any other way to look at it. Having g said that I'm ready and willing to be corrected!
I'm afraid I don't know the answer, I'm just reporting the "figure" reported on the BBC lunch time news, so I don't know what they based it on.
I am pretty sure that the contracts will be more than 'cost' to take over. Simply because companies have put their own risk and money in the PFI for a period of many decades. So they are not going to just hand over the contract and lose money.
You also have to remember that the PFI contract is not just a large loan on the building but it is also a service that looks after the building for the term of the contract. So even if you brought the PFI in house , you would have to do the service part yourself
Labour - the nasty party again.
Laura Kuenssberg given bodyguard at Labour conference after online threats
BBC political editor given bodyguard for Labour conference
The BBC’s political editor, Laura Kuenssberg, is being protected by security guards at the Labour party conference this week following abuse she has received over her role, according to reports.
Kuenssberg, who has previously been jeered by some Labour supporters, will be accompanied by a security team inside and outside the conference zone in Brighton, the reports said.
Kuenssberg has frequently been targeted with sexist abuse online and the BBC is understood to have given her access to a bodyguard during the general election campaign. The corporation did not comment on the reports of her protection at the Labour conference, telling the Sun on Sunday that it does “not comment on security issues”.
What the threat to Laura Kuenssberg says about the country we live in | Coffee House
For perfectly understandable reasons, neither she nor her employers want to talk about it, but the fact that Laura Kuenssberg of the BBC is covering the Labour Party conference in Brighton accompanied by a bodyguard is an outrage that has not been greeted with the anger and disgust it merits.
Quite a good summation of Labours PFI policy
But dont laugh - at least they have a policy on PFI which is more than can be said for Brexit.
A Government in waiting... data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7