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Nhs Project Finance

Volume 400: debated on Wednesday 26 February 2003

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To ask the Secretary of State for Health what funding he plans to give to PCTs for extra capital for new hospital projects. [98306]

National health service capital allocations to primary care trusts for the period 2003–04 to 2005–06 were announced on 8 January. These capital allocations will provide funding for new hospital projects along with other capital investments within the NHS.This investment will be supplemented by capital allocated to strategic health authorities for larger developments, and by investment from the Private Finance Initiative. Nationally, strategic capital increased by 13 per cent., 11 per cent., 14 per cent. in the years 2003–04 to 2005–06. Figures are not available for individual StHAs, but those in the south west received average increases of 15 per cent., 22 per cent., 22 per cent. over this period.