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 Daniel Poulter Daniel Poulter The Parliamentary Under-Secretary of State for Health 11:30, 21 October 2014

I understand that the hon. Gentleman is unhappy with the way in which the previous Government negotiated PFI contracts. We are unhappy with it as well, because it is costing the NHS almost £2 billion on current forecasts. We are making sure that we can put in place measures to support hospitals in mitigating the worst excesses of these poorly signed PFI deals.