August, 2011 | Refinancing

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Archive for August, 2011

Trust access to PFI funding could be constrained by Treasury rule change

August 25th, 2011

NHS trusts could find it harder to secure badly needed private finance initiative funding after chief secretary to the Treasury Danny Alexander ordered the Department of Health to review how it authorises potential schemes, HSJ has learned. (Source: HSJ)

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Finance News

PFI needs ‘substantial’ reform, warn MPs

August 19th, 2011

The private finance initiative “cannot be relied upon to provide value for money” and requires “substantial” reform, MPs have said. (Source: HSJ)

Finance News

PFI poor value for money, say MPs

August 19th, 2011

The Private Finance Initiative used by successive governments to pay for new schools and hospitals is poor value for money, a group of MPs say. (Source: BBC News | Health | UK Edition)

Finance News

Private finance costs taxpayer £20bn

August 7th, 2011

The taxpayer is paying over £20bn in “extra” borrowing costs for the 700 projects acquired under the private finance initiative, according to FT calculations (Source: FT.com – Drugs and Healthcare)

Finance News