HC Deb 24 March 1998 vol 309 c133W
31. Mr. Love

To ask the Secretary of State for Health how much new investment in health has been secured since 1 May 1997 through the private finance initiative. [34399]

37. Mr. Chaytor

To ask the Secretary of State for Health how much new investment has been secured since 1 May 1997 through the private finance initiative in health. [34406]

Mr. Milburn

£360 million of new capital investment has been secured through the private finance initiative since the 1 May 1997—£340 million as a result of 4 major schemes achieving financial close at the following National Health Service trusts: Dartford and Gravesham NHS Trust; Norfolk and Norwich Health Care NHS Trust; Carlisle Hospitals NHS Trust and South Buckinghamshire NHS Trust; and approximately £20 million through small schemes reaching financial close.

Mr. Corbyn

To ask the Secretary of State for Health what estimates he has made of the long-term costs of private finance compared with Government borrowing on hospital expansion programmes. [34387]

Mr. Milburn

To be approved, a Private Finance Initiative contract must offer better or comparable value for money to the publicly funded alternative.