58
Labour Just Oversaw a £1.3 BILLION Sell-Off of NHS Services to a Private Equity Firm
(www.thecanary.co)
this post was submitted on 17 Oct 2024
58 points (100.0% liked)
World News
32317 readers
533 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
those contracts take years to tender and likely have huge clawback clauses. I doubt that Labour got into power and immediately signed contracts for things like this. More likely it was more expensive to stop it.
Bingo. I also suspect they're gambling on it being a failure. Hard ball behaviour if true but a failure of such a privatisation would be very high profile and likely put a stop to anything similar for a long time.
Also note that failures to meet agreed standards will have penalties so it might be possible for labour to force them out that way.