Use of the Private Finance Initiative (PFI) to fund building large NHS hospitals will have to be scrapped, according to Andrew Neill, head of the NHS’s private finance unit. He said funding problems in several projects were now virtually insurmountable. The first contract has yet to be signed even though 24 of the proposed hospitals, worth more than £20m, have preferred bidders and six have received Treasury approval,
- Financial Times 30/09/96 page 1
