NHS: Financial Performance

Robert Jenrick Excerpts
Monday 12th October 2015

(9 years, 2 months ago)

Commons Chamber
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Ben Gummer Portrait Ben Gummer
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I answered that point entirely accurately and categorically, and on behalf of the ministerial team I refute the allegation.

Robert Jenrick Portrait Robert Jenrick (Newark) (Con)
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My local trust in Nottinghamshire, Sherwood Forest, is in a very bad financial position—one of the worst in the country. The primary reason is the appalling private finance initiative deal we inherited from the previous Labour Government, which consumes 17% of the trust’s annual budget. Would a new Parliament be an opportunity for the Government to look again at those appalling PFI contracts, particularly those that affect trusts such as mine that are in special measures?

Ben Gummer Portrait Ben Gummer
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Across the country, trusts are struggling under the load of poorly negotiated PFI contracts. It is worth remembering that when the Labour party speaks about all the money it put into the NHS, a large part of it was borrowed via PFI—that part which was not borrowed as part of Government debt. The important point about PFI is to try to address each contract in turn. The Department is looking at this on an ongoing basis, not only as it concerns old contracts but in the letting of new ones.