Sunday, 31 August 2014

Like a swim? that will be £203 million please

Wigan Council's accounts for 2013/2014 show a little known Private Finance Imitative contract to convert Wigan Baths into the new life centre.

Although claiming to be opposed to privatisation, Wigan Labour run council has to pay a total bill of a whopping £203 million over 25 years

Although in fairness the Council receives a PFI grant from the Government to part fund the scheme, the annual grant is £6 million, but it still leaves the council committed to making payments estimated at £68.2m!


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