Posts Tagged ‘PFI’

Labour would consider bringing PFI contracts back into the public sector

A future Labour government would bring "wasteful" PFI contracts back in the public sector, shadow chancellor John McDonnell has said. He told Labour's c...

NHS trusts with largest deficits are least able to end costly private sector deals

NHS trusts under the most serious financial pressures are the least likely to be able to terminate expensive private sector deals, an expert warns. Hell...

Peterborough and Stamford rescue plan outlined

A hospital trust is to make savings of £10m a year and start generating income to tackle a £40m budget shortfall. It is part of a five-year rescue plan ...

Barts calls in specialist finance squad

England's largest hospital trust is to call in a specialist squad to help it tackle its "biggest ever financial challenge". The trust had planned to save ...

Seven NHS trusts to get access to a bailout fund

Seven English NHS hospital trusts with debts caused, in part, by private finance initiative repayments are to have access to a £1.5bn government bailout f...

Reveal the risks of implementing the Health Bill

Well, here we go again. As Circle come riding to the rescue of the struggling Hinchingbrooke Hospital, we learn that their risk exposure is to be limited t...

Lansley says 60 PFI hospitals are “on the brink”

More than 60 Private Finance Initiative hospitals are being left on the brink of financial collapse according to health secretary Andrew Lansley. The De...

MPs say PFI is expensive and needs significant reform

PFI is no longer providing value for money and requires significant reform, an influential committee of MPs has said. The all-party Commons Treasury com...

Call for “poor value” PFIs to be renegotiated

Private Finance Initiatives should be re-opened and renegotiated, a leading public health academic warns. Since 1997, most large-scale public capital inve...

Time to shine some light on shadowy PFI contracts

The billions of pounds worth of commitments tied up in Britain's ‘public-private’ state must be opened up to transparency and scrutiny, argues an Our K...

NHS hospitals facing £65bn PFI bill collectively

The NHS in England faces a total bill of £65bn for new hospitals built under the private finance initiative (PFI), figures obtained by the BBC indicate. ...