Ian Byrne

Ian Byrne

Labour — Liverpool West Derby

Speaking in the House of Commons on 24 February 2026

Debate

NHS: Private Finance Initiatives

Contribution

Alder Hey children’s hospital NHS foundation trust in my constituency faces significant financial pressure due to its private finance initiative deal. That is because over 50% of its total PFI payment is going towards interest charges, with Alder Hey still owing £380 million by 2045 for the PFI investment of £189 million. That is nearly £200 million being drained out of Alder Hey over the next two decades, because of the now discredited PFI system. That money should be spent on making sick children better. What assessment has the Department made of the potential impacts of the use of PFI to fund the recently announced neighbourhood health centres?

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