Wirral considers PFI
Wirral Council is considering plans to privatise its 12 residential care homes via a Private Finance Initiative. If the plans go ahead Wirral would be one of the first local authorities in the country to use PFI in this way. While details of how any PFI programme would work are still being developed, council leader Steve Foulkes has described it as a “positive move”. “The background to this is that Wirral needs to inject large amounts of capital into care homes and leisure centres,” Cllr Foulkes said. “It is money the council doesnÂ¹t have.” But Conservative leader Cllr Jeff Green said the council would have to impose strict guidelines and contractual agreements to ensure private companies maintained and improved the quality of service to the council tax payer. “PFI is an option but it also ends up costing the tax payer a lot more than if the authority borrowed the money and did the work itself,” Cllr Green said.