JOHN LISTER’S well-written and scrupulously researched book is a crucial weapon in the defence of the NHS.
[[{"fid":"12030","view_mode":"inlineright","fields":{"format":"inlineright","field_file_image_alt_text[und][0][value]":false,"field_file_image_title_text[und][0][value]":false},"link_text":null,"type":"media","field_deltas":{"1":{"format":"inlineright","field_file_image_alt_text[und][0][value]":false,"field_file_image_title_text[und][0][value]":false}},"attributes":{"class":"media-element file-inlineright","data-delta":"1"}}]]It advances a rigorous explanation of the economic theory behind the private finance initiative (PFI), its putative benefits and the reality of its implementation in the NHS over the last quarter-century, drawing on the specific experience of the Pinderfields and Pontefract hospitals in Yorkshire built as part of a £311 million deal with the Royal Bank of Scotland.
Championed by Tory chancellor Norman Lamont, the concept of PFI originally surfaced in the early 1990s but it wasn’t until the New Labour victory of 1997 that PFI went from being one of many funding models to being the only game in town.



