§ Mr. HobanTo ask the Secretary of State for Health if he will make a statement on the progress made in establishing the NHS Bank; and how much money it has lent. [82282]
§ Mr. MilburnThe NHS Bank has been operating in `shadow' form this year overseen by the Department's director of finance and investment and four strategic health authority chief executives. The future management arrangements are still under consideration.
The shadow NHS Bank has made available a total of 100 million to three strategic health authority areas. Avon, Gloucestershire & Wiltshire, 45 million, Surrey and Sussex, 30 million, Bedfordshire and Hertfordshire, 25 million. The terms, conditions and amounts for individual health service bodies is still to be finalised by the strategic health authorities and are subject to delivery of agreed recovery plans