BSF Thread, EU funds sought to prop up BSF plan in United Kingdom (UK) Specific Forums; @Spuffmonkey:
How's about an interest free loan then hehe!
Only joking, your absolutely right, but as the Tory government through ...
8th December 2008, 04:11 PM #16
How's about an interest free loan then hehe!
Only joking, your absolutely right, but as the Tory government through the eighties with the glorious but mildly insane Maggie Thatcher sought to take down the lending barriers which kept people the same (ad nowt never will) it spiralled out of control.
And as the song goes:
"Look out Maggie i think i got something to say to you" is so apt.
8th December 2008, 04:31 PM #17
HSBC are apparently looking to make substantial loans to small businesses next year, but small businesses aren't likely to make any gains in BSF so it is not as if people can create their own BSF IT company and outsource to themselves (hey, if BOfH can do it the why can't schools!)
8th December 2008, 04:52 PM #18
There you go then Tony, another project for you hehe!
"How to manage IT better than a BSF managed service"
8th December 2008, 05:22 PM #19
This is a major part of the problem. The government are borrowing billions to bail out their BSF programme in an effort to spend their way out of recession. yet a substantial portion of that money (the ICT bit) is just going to into the pockets of multinationals or leaving the country entirely because small local firms are not allowed to provide the service.
Originally Posted by GrumbleDook
9th December 2008, 08:34 AM #20
I feel sorry for the host of small to medium sized companies that serve 'us' so well at the moment in school; most of these will not get a look in with BSF.
I don't think many people believe the PfS arguments about BSF economies of scale either, we already have 'County' procurement contracts that are supposed to get us good deals, in practice most can be undercut by direct negotiation with suppliers.
9th December 2008, 09:40 AM #21
Originally Posted by broc
Here is a very excellent article on the 'Public Services Industry' highlighting the 'machine' smb's are going up against when it comes to winning a slice of the public sector investment [taxpayers money] pie.
The report also uses the words 'thinktank' and 'roundtable'...which sums up the last 10 years. Not to mention the lobbying orgs and consultancies and other groups...some of the names will be very familiar.
banks, infrastructure funds, private equity houses, consultancy firms, multinational corporations, “third sector” enterprises, and a new breed of “multi-service” firms focused on winning government contracts
But not a nice, cosy familiarity like the post office or M&S.
The interesting thing about that last statement is that all the big companies are doing is doing exactly what a smaller, more focused group of people would do........borrow the money and seek financing to deliver the service.
IT, facilities management and back office functions are far along the privatisation journey. The justification for transferring these functions is that they require significant investments that the public finances cannot afford.
To me economies of scale just mean the economies of making bigger profits.
But what does that do to the risk element when a handful of companies get such a big slice of the pie.
But wait!!! they can't give money and award projects to the little guy......they'll just pi$$ it away on trying to pay down debts, we need to keep the little people down at the bottom so that they continue to pay taxes and take on more debt [thus paying more interest to the banks] so that we can award the tax revenues to the consultants and the clever folk. The real wealth creators in the country.
9th December 2008, 09:57 AM #22
Yeah - the lending barriers were there for a reason - to stop a huge credit boom and bust that caused the Great Depression - you could only borrow 3x your salary tops - house prices stayed sensible because no one could afford to pay stupid prices. We've only had the illusion of being wealthy due to unsustainable property price increases. What do they say about those who cannot remember the past being condemned to repeat it?
Originally Posted by bossman
12th December 2008, 05:18 PM #23
grum grump grump......
Can anybody explain why the EIB is underwriting the investment of the big banks so commercial banks can take control of state assests which will be rented back to the state for the next 25 years ?
H0w come when we were a poor country we could build schools within the local ecconomy ? Where loads of little schemes running locally delivered results through the local building ecomomy, and kept the money in the local economy.
Now we are successful we decide to joint all the needs together under one umbrella which is so massive that only European money and complex funding with bankers and lawyers (and god knows how many civil servent) can get involved. (what do they cost and contribute I wonder)
With the collapse of the £ - even our strongest national companies like RM will be easy pray to international take over-as they hold such irrevocable access to public cash for the next 25 years.
Net result - our education system works for the benefit of some tosser in the Cayemen Islands, and money is hooved out the not just local economy but the national one.
Has anybody noticed who now owns Northgate ?
Thanks to Styloid from:
torledo (12th December 2008)
12th December 2008, 07:42 PM #24
Kohlberg Kravis Roberts
Is there a prize
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