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Hospitals in London, Bristol and Oxford close to ‘financial collapse’

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Several dozen hospitals across the country – including institutions in London, Bristol and Oxford – are close to ‘financial collapse’ because of private finance initiative (PFI) schemes negotiated by Labour, the health secretary
Andrew Lansley has said.

Andrew Lansley has blamed Labour's PFI schemes for the current financial woes of a number of NHS trusts (Picture: AP)
Andrew Lansley has blamed Labour’s PFI schemes for the current financial woes of a number of NHS trusts (Picture: AP)

Mr Lansley said the spiralling cost of PFI contracts – in which private funds are used to build hospitals and the NHS is left with a sort of ‘mortgage’ – is threatening the ‘clinical and financial stability’… Read the full story


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