Written Question·Department of Health and Social Care·UIN 8753

Hospitals: Private Finance Initiative

Tabled: 14 October 2024

Answered: 22 October 2024

Named Day

Question

Jeremy Corbyn

To ask the Secretary of State for Health and Social Care, whether he is taking steps to support hospitals that (a) are and (b) have been indebted by Private Finance Initiative (PFI) schemes.

Answer

Karin Smyth

The funding allocation formula used to set budgets for integrated care boards includes an adjustment to reflect the impact of the excess finance costs that some trusts face due to the financing arrangements for some buildings constructed under historic Pr...

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