(12 years, 9 months ago)
Commons Chamber11. What steps his Department plans to take to assist hospitals with the cost of PFI payments.
12. What steps his Department plans to take to assist hospitals with the cost of PFI payments.
A Treasury review identified savings opportunities of up to 5% on annual payments in NHS PFI schemes. The lessons learned from the PFI savings pilot will be applied to all schemes in the PFI pipeline. The previous Government left a £50 billion post-dated cheque to pay for their hospital building programme. Much of it was unaffordable and poor value for money. We are dealing with that unfortunate legacy, including the 22 NHS trusts that identified this as a constraint on their future sustainability.