NHS hospital trusts to pay out further £55bn under PFI scheme

Some spending one-sixth of entire budget on repaying debts from Blair-era policyNHS hospital trusts are being crippled by the private finance initiative and will have to make another £55bn in payments by the time the last contract ends in 2050,...

NHS hospital trusts to pay out further £55bn under PFI scheme

Some spending one-sixth of entire budget on repaying debts from Blair-era policy

NHS hospital trusts are being crippled by the private finance initiative and will have to make another £55bn in payments by the time the last contract ends in 2050, a report reveals.

An initial £13bn of private sector-funded investment in new hospitals will end up costing the NHS in England a staggering £80bn by the time all contracts come to an end, the IPPR thinktank has found.

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