‘Toxic’ relationships, shouting and lawsuits: the painful end to PFI
Public authorities and lenders are clashing over hospitals and schools as private finance initiative contracts draw to a close (Source: Reuters: Health)
Source: Reuters: Health - October 25, 2023 Category: Consumer Health News Source Type: news

Liquidators for failed PFI provider launch court case against trust
One of England’s largest mental health trusts is embroiled in a multi-million-pound legal battle with its former private finance initiative provider. (Source: HSJ)
Source: HSJ - November 30, 2022 Category: UK Health Source Type: news

FT accuses Treasury of being inflexible over PFI buyout
A leading foundation trust says inflexible Treasury rules are preventing it from buying out a private finance initiative contract, which could deliver savings of £30m a year. (Source: HSJ)
Source: HSJ - July 26, 2019 Category: UK Health Source Type: news

PFI contracts a 'systemic' barrier to safety improvement, warns watchdog
Private finance initiative contracts and cost pressures could present a “systemic barrier” for trusts responding to patient safety alerts, the Healthcare Safety Investigation Branch has warned. (Source: HSJ)
Source: HSJ - February 28, 2019 Category: UK Health Source Type: news

Mark Thomas gives the NHS a comedy check-up
Photo: Steve Ullathorn Political comedian Mark Thomas is about to go on the road with his award-winning show about the NHS. Check Up: Our NHS at 70, which Thomas first performed last year, is based on a series of interviews with leading experts on the NHS, and a month of residencies in hospitals during which he shadowed doctors, nurses and clinicians. And among the questions he raises: what’s going wrong in our NHS, how can it improve, and what will the future hold for generations of future patients? A Guardian review of the show when it first aired at the Edinburgh Fringe observed that many of the establishment figu...
Source: UNISON Health care news - January 7, 2019 Category: UK Health Authors: Demetrios Matheou Tags: Article News health NHS birthday NHS in crisis Source Type: news

Dalton: 'Government must replace £3bn expected from PFI'
The government needs to set out what will replace the private finance initiative and the £3bn of capital it was expected to raise, the chief executive of NHS Improvement has said. (Source: HSJ)
Source: HSJ - November 20, 2018 Category: UK Health Source Type: news

PFI abolished and DHSC to help manage existing deals
The government plans to abolish the use of private finance initiative deals for future capital projects, and establish a “centre of best practice” to manage its existing deals. (Source: HSJ)
Source: HSJ - October 29, 2018 Category: UK Health Source Type: news

No more PFI deals, chancellor announces
The government plans to abolish the use of private finance initiative deals for future capital projects, and establish a “centre of best practice” to manage its existing deals. (Source: HSJ)
Source: HSJ - October 29, 2018 Category: UK Health Source Type: news

Trust in legal battle to end £321m PFI contract
An attempt by a large mental health trust to terminate its private finance initiative contract due to building defects at its main hospital has resulted in a legal dispute over money it is owed, HSJ has learned. (Source: HSJ)
Source: HSJ - March 29, 2018 Category: UK Health Source Type: news

Time for a windfall tax on the PFI profiteers, says UNISON
The enormous profits being racked up by Private Finance Initiative (PFI) companies should be subject to a new windfall tax, so much-needed resources can be put back into the UK’s cash-strapped public services, says UNISON today (Monday). Such a tax could be introduced if two amendments to the Finance Bill, which have been tabled by Stella Creasy MP, achieve enough support during Wednesday’s House of Commons debate on the draft legislation. UNISON believes a new windfall tax could prove a lifeline to under pressure public services. It would mean PFI firms are forced to pay back some of the billions of pounds they’ve b...
Source: UNISON Health care news - February 19, 2018 Category: UK Health Authors: Charlotte Jeffs Tags: News Press release government PFI public services Source Type: news

Trust faces £48m repair bill for PFI hospital
A trust faces a £48m repair bill to make one of its hospitals safe because of loopholes in the drafting of its private finance initiative contract, Department of Health documents reveal. (Source: HSJ)
Source: HSJ - November 29, 2017 Category: UK Health Source Type: news

Updated: 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

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 Chinchen M: 07778 158175 E: l.chi...
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