Labour and Andy Burnham’s Great PFI Swindle.

Stephen Morris

English Health Negotiation table 1.4

The PFI hospitals costing NHS £2bn every year

Bills under private finance construction deals hit new high and will keep rising, official figures reveal

One hospital built under the private finance initiative PFI
One hospital built under the private finance initiative PFI Photo: Alamy
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The NHS is spending more than £3,700 every minute to pay for privately financed hospitals, The Telegraph can disclose.

The bill for private finance initiative (PFI) hospital schemes will hit £2  billion for the first time this year – or £3,729 every 60 seconds. The cash is paid to private companies as part of an annual repayment fee for building and operating new hospitals as well as redeveloping old ones.

Bills have grown so large they would pay for the wages of all qualified midwives for two and a half years.

The Royal College of Nursing said…

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