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Labour to cap private profits firms make in NHS

Labour would cap the amount of profit private firms can make from the NHS in England, Ed Miliband has said as he launched the party’s election campaign.

He pledged to halt the “the tide of privatisation” he claims has taken place in the health service since 2010 and ensure a “proper” level of funding.

Private firms will have to reimburse the NHS if they exceed a 5% profit cap on contracts, he told activists.

The Conservatives said the move was an “ill-thought through gimmick”.

Speaking at the site of the 2012 London Olympics in east London, Mr Miliband placed the NHS front and centre of Labour’s campaign and claimed the election is “neck and neck” and “may come down to the wire”.

Read more at BBC Health.

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