Health Infrastructure Plan

Vince Cable Excerpts

Monday 30th September 2019 Commons Chamber

[Edward Argar]

My hon. Friend is absolutely right. Capital improvements in hospitals are hugely important, but it is also important for them to be set within the broader context of car parking and other facilities to ensure that those hospitals can run smoothly.

[Sir Vince Cable (Twickenham) (LD)]

Now that the Government are no longer using the private finance initiative, what are the terms and conditions for Treasury funding of capital investment in hospitals? Is this all grant, or is it a new kind of loan?

[Edward Argar]

The right hon. Gentleman will know from his time in government that the approvals process conducted by the Treasury and, indeed, the NHS is not always the simplest. We are looking into what we can do to ensure that it is better streamlined, while also delivering value for money for taxpayers and the assurance that is required. However, it is important that this money—while not tied to the same conditions as the ruinous PFI deals entered into by the previous Labour Government—does deliver value, and we know that it is delivering on outcomes for patients.