Letter to EDP – PFI


Why use PFI’s in the first place, EDP 6th July.
Cast your mind back to a Labour chancellor, Gordon Brown, who was in a muddle with our country’s finances.
The EU had a rule that no country should run a deficit greater than 3% of GDP.
The only way to continue spending was to devise the PFI, private finance initiative.
So the blame for these extremely expensive mistakes lay firmly at the door of the EU, and a spendthrift chancellor.

Yours faithfully,

Michael Baker,
Treasurer UK I P North Norfolk Constituency.