"Private companies making super-profits from our NHS is an unacceptable waste. This money should be going on frontline services, not fattened profits for big corporations."
"The NHS should be able to benefit from economies of scale and use its power as a major buyer to drive down prices."
"It looks like our health service is being taken for a ride, with private firms profiting excessively at the expense of public health."
Private firms providing services to the NHS have generated £1.6 billion in profits over two years from £12 billion in contracts. This has led to accusations of scandalous profiteering and calls for profit caps. The profits could have funded 9,178 doctors or 19,428 nurses. A significant portion of the contracts went to firms with foreign ownership, including those in tax havens. Additionally, private equity firms used a substantial amount of NHS income to pay off debts, raising concerns about the allocation of funds.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]