Private Finance Initiative Costs

Part of Oral Answers to Questions — Health – in the House of Commons at 11:30 am on 21 October 2014.

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Photo of Jesse Norman Jesse Norman Conservative, Hereford and South Herefordshire 11:30, 21 October 2014

Thanks to determined work with which I have been closely associated and with outside experts’ advice, Hereford hospital has managed to save several million pounds on its exorbitant PFI contract—money that is already being ploughed back into medicine and services for local people. My studies make it clear that there are hundreds of millions, if not billions, of pounds still to be saved on the PFI across other NHS hospital trusts. Will my hon. Friend press Monitor and the NHS Trust Development Authority to do everything they can to encourage hospitals to take on specialist PFI contract advisers to help them make these savings?