Public wrath over expensive P3 hospitals may tip UK election races

In the UK elections, some Labour Party candidates are facing the public’s wrath over expensive P3 hospitals – or as the British call them, PFIs – Private Finance Initiatives.

In Birmingham, Labour’s Gisela Stuart’s seat is threatened despite having held the seat since 1997.

The Birmingham Post reported in February that taxpayer would pay £2.58 billion for their new hospital, including interest and service charges. That’s a mark-up of 300 per cent.

Given Ontario’s rush to build P3 hospital projects, the McGuinty Liberals may want to take note.