A private equity-owned private finance initiative company, ByNorth, has agreed to pay for North Middlesex Hospital, London, to be made fire-safe. The company was responsible for building the hospital in … Read more
PFI
John Hutton signed off thirteen NHS Private Finance Initiative (PFI) building projects as a Labour health minister in 2002 (see footnote). Last month he was appointed to speak up for private sector investors ahead … Read more
The PFI contractor, Whittington Facilities Ltd, left a hospital ‘in an unsafe condition’ for nine months after a fire which required patients to be evacuated, a trust has claimed in … Read more
In June the New Statesman magazine published a study of hospitals funded through Private Finance Initiative between 1997 and 2018, and headlined the fact that some have been spending more on PFI annual … Read more
Sheffield Teaching Hospitals Foundation Trust has launched legal action against Hadfield Healthcare Partnerships and Kajima Construction Europe after the closure of the Sir Robert Hadfield wing at the trust’s Northern … Read more
PFI (private finance initiative) is crippling NHS hospital trusts, according to a report from the IPPR thinktank, as they will have to make another £55bn in payments by the time … Read more
An acute trust is hoping to be among the first organisations to use a new form of private financing to help fund a replacement hospital. Princess Alexandra Hospital Trust is … Read more
The Healthcare Safety Investigation Branch has warned, in a report published today, that private finance initiative contracts and cost pressures could present a “systemic barrier” for trusts responding to patient … Read more
Higher levels of capital investment have been promised for the NHS, but there are still big decisions to be made about the sources of funding and the way it gets … Read more
The NHS has been warned of “crippling” cost pressures from its PFI contracts over the next decade, when aggregate repayments on the deals will reach their peak. The warning has … Read more
Since the introduction of the PFI, if part of the NHS needs capital investment a contract is drawn up between the Trust and a consortium of bankers, builders and service … Read more
A trust hopes to restart construction work on its new hospital in October after the government terminated the private finance contract which funded the project. Sandwell and West Birmingham Trust … Read more
Full Article: European Service Strategy, 8 May 2018 The article proposes that service contracts are renegotiated so that the public authorities contract directly with the providers, not via the SPV. … Read more
The chairman of the BMA is concerned about the future of the building of two major hospitals previously contracted out to the now liquidated Carillion construction company. He said, “this … Read more
Contingency plans are in operation across 14 NHS trusts after the collapse of construction and facilities management company Carillion. Staff from NHS Improvement were deployed on Monday at six of … Read more
Andy McDonald, Labour MP for Middlesbrough has voiced concern over the “shoddily-built” £75m Roseberry Park mental health hospital. The hospital only opened seven years ago, but has suffered problems with … Read more
A trust faces a £48m repair bill to make one of its hospitals safe because of loopholes in the drafting of its private finance initiative contract, Department of Health documents … Read more
The NHS is “leaking” money to private companies in contracts to build and run hospitals, a report says. Under the Private Finance Initiative (PFI), companies provide money for new hospitals … Read more
A major hospital in Coventry will need to undergo remedial work after it emerged that it was built without the guaranteed fire safeguards. University Hospitals Coventry and Warwickshire NHS Trust … Read more
