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Failed PFI schools cost millions

1 min read Education
Taxpayers are footing the bill for private finance initiative (PFI) schools with flagging pupil numbers, according to figures obtained by trade union Unison.

Brighton Council had to pay PFI contractors £4.5m when Comart and Media Arts School closed six years after being rebuilt.

Balmoral High in Belfast closed six years after it was built, when pupil numbers halved. The Northern Ireland Department of Education now owes the contractor £370,000 a year for the next 18 years.

Bishop Park College in Essex was completed five years ago and cost £25m. The school should accommodate 900 pupils but currently has only 550, so the council is consulting on proposals to turn it into an academy with a nearby school.

Last week, the government announced a £2.4bn fund, which will lend cash to private companies to ensure they continue to finance PFI schools planned under the £55bn Building Schools for the Future (BSF) scheme.

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