UNISON welcomes Labour plans to tackle PFI

Commenting on the announcement from Shadow Chancellor John McDonnell that a Labour government would bring existing public finance initiative (PFI) contracts back in-house, UNISON general secretary Dave Prentis said:

“It’s good news that Labour plans to tackle the beleaguered private finance initiative.

“Since PFI started, UNISON warned it would lead to long-term debt problems, a burden the country couldn’t afford to carry.

“It’s like buying a house on a credit card. Sky-high interest payments mean far less money for patients and children’s education.”

Media contacts:
Liz Chinchen M: 07778 158175 E: l.chinchen@unison.co.uk
Clare Santry M: 07944 191479 E: c.santry@unison.co.uk