Is this value for tax payers’ money?

THE mayor was quoted as saying that if her proposals to contract out council services to private companies were not carried out, it would cost the council £314,000 a month (News Guardian, August 9).

The value of the contacts will be around £200m over 15 years.

This £314,000 a month over 15 years is actually £56.52m, a lot less than the £200m to contract out.

Is this value for council tax payers’ money? Or is this just privatisation of public services, driven by political belief, supposedly to save money but which actually only benefits the profit margins and shareholders of the private companies who are awarded the contracts?

Perhaps we only need to look at the privatised utilities, transport, Olympic Games security etc, to find the answer.


North Shields