March 3, 2009
Taxpayer pays, again!
Story link: Taxpayer pays, again!
Taxpayer pays, again!
Taxpayers are always the ones to foot the bill for any latest Government initiative to save the UK economy and the latest developent to produce new hospitals, schools and modifications to roads will be no different.
The program will cost the UK tax payer around £21.5 billion, thanks to the recession which means there has been a lack of private funding.
Taxpayers are to be forced to bail out a £21.5 billion programme for new hospitals, schools and roads as private funding collapses in the recession.
Chancellor Alistair Darling is tomorrow expected to set up a fund – essentially a mini-bank – to inject extra state funding into controversial private finance initiative projects.