Sunday Mirror (Northern Ireland)
INVESTIGATES HOW WE PAY BLEEDING Trusts paying highest PFI fees
£5.8BILLION
1. BARTS HEALTH NHS TRUST
Project: To redevelop St Bartholomew’s Hospital and Royal London Hospital in East London
Cost: £1.1billion
Total repayments: £5.8billion over 43 years
Last year’s annual fee: £104million
Finances: £122.3 million in the red
£2BILLION
2. UNIVERSITY HOSPITALS COVENTRY AND WARWICKSHIRE NHS TRUST
Project: To build a 1,212-bed super-hospital in Coventry Cost: £378.9million
Total repayments: £3.6billion over 40 years
Last year’s annual fee: £84.2million
Finances: £10.8million in the red
3. CENTRAL MANCHESTER UNIVERSITY HOSPITALS NHS FOUNDATION TRUST
Project: To build three new hospitals in Manchester Cost: £512million
Total repayments: £3.2billion over 38 years
Last year’s annual fee: £74.9million
Finances: £4.7million surplus
4. ST HELENS AND KNOWSLEY
Project: To redevelop Whiston and St Helens hospitals Cost: £338million
Total repayments: £2.7billion over 42 years
Last year’s annual fee: £50million
Finances: £5.9million surplus
5. UNIVERSITY HOSPITAL BIRMINGHAM Project: To build Queen Elizabeth Hospital Cost: £625million
Total repayments: £2.67billion over 40 years Last year’s annual fee: 55.1million
Finances: £9million surplus
6. UNIVERSITY HOSPITALS OF NORTH MIDLANDS Project: To build the Royal Stoke University Hospital
Cost: £415.1million
Total repayments: £2.49billion over 38 years
Last year’s annual fee: £57million
Finances: £84.4million in the red
7. DERBY TEACHING HOSPITALS
Project: To redevelop Derby City General Hospital Cost: £312.2million
Total repayments: £2.47billion over 36 years Last year’s annual fee: £56.5million
Finances: £32.8million in the red
8. UNIVERSITY COLLEGE LONDON HOSPITALS NHS FOUNDATION TRUST
Project: To build University College Hospital
Cost: £292million
Total repayments: £2.43billion over 40 years
Last year’s annual fee: £61.3million
Finances: £4.2million surplus
9. NORFOLK AND NORWICH UNIVERSITY HOSPITALS NHS FOUNDATION TRUST
Project: To build Norfolk and Norwich University Hospital Cost: £222.6million
Total repayments: £2.22billion over 36 years
Last year’s annual fee: £58.9million
Finances: £14.7million in the red
10. SHERWOOD FOREST HOSPITALS NHS Project: To redevelop King’s Mill Hospital
Cost: £326million
Total repayments: £2.07billion over 37 years Last year’s annual fee: £50.2million Finances: £32.3million in the red