Jon Hubbard

Liberal Democrat Wiltshire Councillor for Melksham South and Town Councillor for Melksham Spa Learn more

View more tweets

Read more on this

View more tweets

Read more on this

NHS Saddled With £63bn Bill

by Jon Hubbard on 8 February, 2010

Figures released today by the Liberal Democrats have revealed that the NHS is facing a £63bn bill for PFI hospitals which are only worth £11bn.

The figures also reveal that:

  • The first payments for hospitals PFIs began in 1999 and the NHS still owes £58bn on 106 PFI contracts over the next three decades.
  • The NHS will have to pay back £7.3bn in PFI payments over the next Parliament alone (2010 – 2015)
  • The most expensive PFI contract was for Wythenshawe Hospital where the NHS will pay back 16 times the original capital value.

Commenting, Liberal Democrat Shadow Health Secretary, Norman Lamb MP, said:

“These figures reveal the disastrous reality of Labour’s stewardship of the NHS.

“We’re entering into one of the most difficult financial periods in the NHS’s history and this “Government’s legacy will be a mountain of debt. Despite the enormous amounts of money we owe for these hospitals, many of them will never end up in public ownership. Hospitals all over the country are mortgaged to the hilt and there are serious concerns that these repayments will lead to cuts in vital services.

“We need a new approach to public services in this country. By setting up an infrastructure bank the Liberal Democrats will ensure that key projects get access to the funding they need to revitalise our economy.

“The Liberal Democrats will change the way the NHS works so that money goes further and patients come first.”

I couldn’t agree more.

   Leave a comment

Leave a Reply

You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>