All Private finance initiatives (PFI) articles
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HSJ PartnersPFI countdown: Securing the NHS estate for tomorrow
With more than 150 NHS PFI contracts expiring by 2051 – most by 2036 – early handback preparation is essential. Anisha Mayor, WSP’s UK head of healthcare, examines how trusts can protect their estates, reduce clinical and financial risks, and transform handback from liability to long-term asset
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NewsTrust hires railway chief to lead £2.2bn private funding bid
A railway infrastructure chief will head a “taskforce” to deliver a £2.2bn new hospital project after it was delayed by the government’s national programme.
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NewsMackey reveals PFI revival plan
NHS England has confirmed plans to introduce a mechanism to allow private finance investment into health service infrastructure within months.
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PodcastHSJ Podcast: What to do about the NHS’s capital drought
HSJ revealed last week at least £150m has been wasted planning for “new hospitals” that might never materialise.
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NewsLegal costs top £4m in bank vs hospital PFI case
Legal costs in a case brought on behalf of Lloyds Bank against an NHS trust in a row over fire safety have topped £4m, HSJ can reveal.
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PodcastHSJ Podcast: Why this year's planning round is going to be bloody
This week, the HSJ team look at money and what is coming for what is expected to be the toughest financial year for the NHS in a generation.
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NewsNHS must no longer rely on ‘free capital’, claims government adviser
The health service must accept that it can no longer expect to rely on “free capital” and will have to borrow private funding for investment in buildings and tech, a senior government adviser has said.
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NewsPritchard backs private borrowing for NHS capital
The chief executive of NHS England has backed a return of private investment to improve hospital buildings for the first time.
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Expert BriefingFollowing the Money: PFI is overdue a comeback
HSJ’s expert briefing on NHS finances, savings and efforts to get back in the black. By finance correspondent Henry Anderson.
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NewsTrust ‘could force us out of business’, claims PFI firm
A private finance initiative company has warned it may go bust if a trust imposes any more fines after “severe” fire safety defects were found at its community hospital run by the firm.
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HSJ LocalFire concerns at PFI hospital sees key services move
A hospital built under the private finance initiative has been forced to move key services due to “severe” fire safety defects found by investigators.
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NewsCollapsed PFI firm sues fire safety advisers
Administrators acting for a collapsed hospital PFI firm have started legal action against the fire safety testers it employed.
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HSJ LocalTrust finally launches review into consultancy contract that was never tendered
A major trust has launched an external review into a decade-long consultancy contract that was never subject to a public tender process.
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NewsMinister wants to ‘inject private capital’ to upgrade NHS buildings
A health minister has indicated he wants to use private finance to help ‘stretch capital budgets as far as possible’ for the NHS estate.
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Expert BriefingLondon Eye: The Lloyds Bank £56m
Essential insight into England’s biggest health economy, by HSJ bureau chief Ben Clover.
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PodcastHSJ Podcast: The NHS’s latest PFI problem
A legal battle has erupted between a hospital trust and bank-backed PFI company over fire safety and payment refusals. We discuss why the case has potentially wider implications for other NHS trusts.
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NewsSuing trust for £56m is ‘last resort’, says Lloyds Bank
Lloyds Banking Group has confirmed it supports a PFI firm taking legal action to claim £56m from an NHS hospital trust, including tens of millions said to be owed to the bank, HSJ has learned.
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NewsHospital ‘left in unsafe condition’ by private contractor
A PFI contractor left a hospital ‘in an unsafe condition’ for nine months after a fire which required patients to be evacuated, a trust has claimed in legal papers.
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NewsCollapsed PFI firm sues trust for £56m
A PFI company that fell into administration three years ago is suing a London acute trust for £56m in compensation, according to papers lodged with the High Court.
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NewsBuilding firm to pay £5m over ‘defects’ at major cancer centre
A construction firm has been ordered to pay £5m after fire and electrical safety defects were found at one of the NHS’s largest cancer centres.