Public funds to be taken out of NHS to support private deals.
September 22, 2011
Private Funding Initiative] of building the hospitals.
"Hospitals could be forced to close as they buckle under the huge debt left behind by private finance initiative deals, the Health Secretary warned yesterday.
Andrew Lansley said 22 NHS trusts are facing major financial difficulties because they cannot afford to repay huge annual fees for building work carried out under Labour.
In some cases, the repayments account for a third of their entire budget — putting pressure on finances and threatening front-line patient services. Mr. Lansley said Labour had left the Health Service with an 'enormous legacy of debt'…"
For the complete article, please click here.