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Labour would bring PFI contracts 'back into the NHS'
A Labour government would “bring” private finance initiative contracts “back in house”, the shadow chancellor has announced. (Source: HSJ)
Source: HSJ - September 25, 2017 Category: UK Health Source Type: news

UNISON welcomes Labour plans to tackle PFI
Commenting on the announcement from Shadow Chancellor John McDonnell that a Labour government would bring existing public finance initiative (PFI) contracts back in-house, UNISON general secretary Dave Prentis said: “It’s good news that Labour plans to tackle the beleaguered private finance initiative. “Since PFI started, UNISON warned it would lead to long-term debt problems, a burden the country couldn’t afford to carry. “It’s like buying a house on a credit card. Sky-high interest payments mean far less money for patients and children’s education.” Media contacts: Liz Chin...
Source: UNISON Health care news - September 25, 2017 Category: UK Health Authors: Charlotte Jeffs Tags: News Press release dave prentis labour conference Source Type: news

Reasons for referring controversial hospital closure to Hunt revealed
An acute trust has been accused by councillors of “inadequate” consultation over controversial plans involving the closure of an emergency department and a new £298m private finance initiative hospital. (Source: HSJ)
Source: HSJ - September 14, 2017 Category: UK Health Source Type: news

Trust plans new PFI deal to fund controversial hospital shake-up
A foundation trust is proposing procuring a new private finance initiative to fund its controversial “hot” and “cold” site hospital reconfiguration plans. (Source: HSJ)
Source: HSJ - August 8, 2017 Category: UK Health Source Type: news

Trust plans new PFI deal to fund controversial hospital shake up
A foundation trust is proposing procuring a new private finance initiative to fund its controversial “hot” and “cold” site hospital reconfiguration plans. (Source: HSJ)
Source: HSJ - August 8, 2017 Category: UK Health Source Type: news

Mackey reveals next steps to tackle 'ridiculous' PFI deals
NHS regulators have set out next steps in their efforts to help trusts buy out private finance initiative contracts which have “absolutely ridiculous” profit margins. (Source: HSJ)
Source: HSJ - June 1, 2017 Category: UK Health Source Type: news

Unhealthy development: How DfID promote health privatisation
The recent exposure of the scale of the government’s toxic healthcare privatisation plans has reignited the debate on in whose interest should the NHS be run – patients or shareholders. NHS deficits, caused in part by extortionate Private Finance Initiative (PFI) schemes, are providing the government with the perfect cover to hand over the most profitable services to private companies. This ideological agenda to commercialise the NHS completely ignores decades of evidence and the expertise of the healthcare profession, driven instead by the interests of private healthcare companies, lobbyists and investors. Unf...
Source: UNISON Health and safety news - September 2, 2016 Category: Occupational Health Authors: Dave Prentis Tags: General secretary's blog News DfID health privatisation Source Type: news

Unhealthy development: How DfID promotes health privatisation
The recent exposure of the scale of the government’s toxic healthcare privatisation plans has reignited the debate on in whose interest should the NHS be run – patients or shareholders. NHS deficits, caused in part by extortionate Private Finance Initiative (PFI) schemes, are providing the government with the perfect cover to hand over the most profitable services to private companies. This ideological agenda to commercialise the NHS completely ignores decades of evidence and the expertise of the healthcare profession, driven instead by the interests of private healthcare companies, lobbyists and investors. Unf...
Source: UNISON meat hygiene - September 2, 2016 Category: Food Science Authors: Dave Prentis Tags: General secretary's blog News DfID health privatisation Source Type: news

Merger trust predicts it needs £650m bailout
FINANCE: Peterborough and Stamford Hospitals Foundation Trust estimates it needs £650m of central financial support over the next 26 years to finance its £1.8bn private finance initiative deal. (Source: HSJ)
Source: HSJ - July 27, 2016 Category: UK Health Source Type: news

UNISON will promote ‘public interest test’ to combat outsourcing
UNISON will continue to campaign against outsourcing and privatisation of public services ­– and will promote the use of a “public interest test” when outsourcing is proposed. Opening the debate on stopping outsourcing and protecting members at the union’s national delegate conference, Mark Fisher for the executive s and /privatisation agenda. Speakers also raised the issue of the Private Finance Initiative, which “continues to drain the public sector of funds, with an estimated bill of £222bn over the next 30 years to the taxpayer.” The motion committed the NEC to a ...
Source: UNISON Health care news - June 23, 2016 Category: UK Health Authors: Amanda Kendal Tags: Article national delegate conference 2016 National Delegates Conference NDC NDC16 outsourcing privatisation Source Type: news

Speaking truth to power: a tribute to Sandy Macara
Sandy Macara could forgive almost any fault in people, but would go after a bad idea with an axe. There were those, especially in government, who had trouble reconciling the slight, urbane, radiantly optimistic clergyman’s son with the fiery, eloquent denunciations he delivered. Most famously, he asked in 1995 why so many doctors were abandoning medicine, the country or both. His answer: ‘We are labouring under an alien regime. Not so much an internal market as an infernal bazaar in which considerations of cost reign supreme, while concerns for value and values are relegated to second place.’ But he late...
Source: BMA News - April 19, 2016 Category: UK Health Source Type: news

Trusts seek more cash support and buyouts for PFIs
Several hospital trusts have told HSJ they are seeking additional support to cover the costs of their private finance initiative deals or intend to buy out the schemes. (Source: HSJ)
Source: HSJ - November 4, 2015 Category: UK Health Source Type: news

Monitor releases trust data
Running to more than a million lines of financial data including staff costs, income, and private finance initiative payments, this is Monitor’s “most open and transparent annual data release yet”, according to the regulator. Foundation trusts can use the data to compare how much they are spending relative to their peers. More ..... (Source: NHS Networks)
Source: NHS Networks - August 20, 2014 Category: UK Health Authors: Maria Axford Source Type: news

HSJ Live 15.07.2014: Government to put up £100m for first PF2 hospital rebuild
Treasury has approved public funding for a £353m “PF2” hospital rebuild in the West Midlands – the first NHS project to get the green light under the government’s successor to the private finance initiative, plus the rest of today’s news and comment (Source: HSJ)
Source: HSJ - July 15, 2014 Category: UK Health Source Type: news

Government to put up £100m for first PF2 hospital rebuild
The Treasury has approved public funding for a £353m hospital rebuild in the West Midlands under the government’s successor to the private finance initiative (Source: HSJ)
Source: HSJ - July 15, 2014 Category: UK Health Source Type: news

Seagull strife
To North Bristol Trust, where the move into the new £430m private finance initiative hospital has for the most part gone smoothly.However, the state of the art new building has fallen victim to one act of nature which End Game imagines did not appear on any risk register prior to the move – mating seagulls.The Bristol Post reports that male birds have (Source: HSJ)
Source: HSJ - June 20, 2014 Category: UK Health Source Type: news

Trust 'loses confidence' in PFI provider
North Cumbria University Hospitals has “lost confidence” in the private finance initiative contractor that manages facilities on its main site after a probe uncovered “major issues” with the way its operating theatres, water systems and gas pipelines were being maintained. (Source: HSJ)
Source: HSJ - February 17, 2014 Category: UK Health Source Type: news

Monitor rejects calls for different approach to PFI risk
Monitor has rejected claims from foundation trusts with large private finance initiative commitments that they should be treated differently than others under the regulator’s new system for measuring financial risk. (Source: HSJ)
Source: HSJ - August 28, 2013 Category: UK Health Source Type: news

Government approves £425m Royal Liverpool construction following delays
The government has approved a £425m private finance initiative rebuild of the Royal Liverpool Hospital, following delays. (Source: HSJ)
Source: HSJ - April 11, 2013 Category: UK Health Source Type: news

Orthopaedic hospital PFI a step closer after affordable housing rollback
A London trust’s private finance initiative rebuild has moved a step closer after it secured permission to sell off some of its land with a smaller proportion than usual earmarked for affordable housing. (Source: HSJ)
Source: HSJ - April 5, 2013 Category: UK Health Source Type: news