NHS Trusts: Loans

(asked on 5th June 2019) - View Source

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, what the total value is of loans paid to NHS trusts; when his Department expects those loans to be repaid; and what the length of the term is of those loans.


Answered by
Stephen Hammond Portrait
Stephen Hammond
This question was answered on 11th June 2019

The position on the loans that the Department has provided to National Health Service trusts (as at 31 March 2018), together with their length of term, is as follows:

Normal Course of Business Loans

£3.00 billion

Term varies, range 4 to 28 years

Interim Capital Loans

£0.65 billion

Term varies, range 5 to 25 years

Interim Revenue Loans

£7.35 billion

Term is 3 years

The figures for 2018-19 will be released with the Department’s Annual Report and Accounts, in July 2019.

In 2018-19 the Department agreed extensions to many of the interim revenue loans that were due during the financial year and will continue to take refinancing decisions on loans due in the coming year, in light of the NHS’s wider financial position.

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